Back
4 Aug 2021
UK Final Services PMI revised higher to 59.6 in July, GBP/USD unimpressed
- UK Final Services PMI upwardly revised to 59.6 in July.
- GBP/USD remains uninspired near 1.3930 on the UK data.
- Eyes on US ISM Services PMI as the USD rebounds.
The UK services sector activity expanded more than expected in July, the final report from IHS Markit confirmed this Monday.
The seasonally adjusted IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI) was revised up to 59.6 in July versus 57.8 expected and a 57.8 – last month’s flash reading.
more to come ....