European Monetary Union Markit Services PMI registered at 53, below expectations (53.3) in February

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Feb 22, 2016

GBP/USD offered at 1.4220, revisits daily lows

The GBP bears seem to loosen the grip following the risk-on rally in the European stocks, only to find fresh offers near 1.4220 region and sent the pair back below 1.42 handle.

European Monetary Union Markit Services PMI registered at 53, below expectations (53.3) in February

GBP/USD offered at 1.4220, revisits daily lows

European Monetary Union Markit Manufacturing PMI registered at 51, below expectations (52) in February