10:37 · 1 December 2025

BREAKING: Pound ticks slightly up after in-line PMI data 📌 🇬🇧

09:30 AM BST, United Kingdom - PMI Data for November:

  • S&P Global Manufacturing PMI: actual 50.2; forecast 50.2; previous 50.2;

 

The lack of a negative surprise helped the pound breathe and recover some of its early trading losses. Nevertheless, the pound’s strength began even before the release, likely driven by a relatively weaker outlook in the Eurozone.

 

Source: xStation5

 

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