GBP/USD Bullish Past 1.34805 as Structure Tightens
Research preview
Fundamental Calendar UTC Currency Event Impact Actual Consensus Previous 03 Aug 08:30 UTC GBP S&P Global UK Manufacturing PMI PMI, Mfg MEDIUM 52.8 52.5 03 Aug 13:45 UTC USD US Manufacturing PMI PMI, Mfg MEDIUM 53.9 03 Aug 14:00 UTC USD ISM Report On Business Manufacturing PMI Manufacturing PMI HIGH 54 53.3 GBP/USD News And Catalyst Brief The news tape is giving a clearer macro cue around risk sentiment, commodity demand, inflation, and dollar direction. GBP/USD has a mildly constructive news bias because the feed is leaning toward softer dollar expectations or firmer European currency demand, with inflation data and commodity pressure driving the repricing. The practical read is to...
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