The Story
News Summary
- UK composite PMI edged lower in February to 50.5, slightly better than expected.
- Input cost inflation accelerated, posing a dilemma for the Bank of England.
- GBP/USD fell slightly following the data release.
- The 10-year gilt yield trades flat.
- Overall the news is slightly negative for the GBPUSD pair.
Explore GBPUSD price history & advisor snapshot
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Stored market data
GBPUSD price history
1.35
+1.50% over the displayed period
Advisor Snapshot
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