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FX.co ★ Pound Strengthens Vs Most Majors Ahead Of U.K. Manufacturing PMI

Pound Strengthens Vs Most Majors Ahead Of U.K. Manufacturing PMI

At 4.30 am ET Monday, UK S&P/CIPS manufacturing PMI data is due. The final reading is forecast to match the preliminary estimate of 48.0.

Ahead of the data, the pound traded mixed against its major rivals. While it dropped against the euro, it rose against the rest of major rivals.

The pound was worth 1.2318 against the greenback, 161.47 against the yen, 1.1311 against the franc and 0.8797 against the euro as of 4:25 am ET.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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