Final UK PMI readings came in lower than expected with Composite index at 53 vs 52.8 exp. and 52.8 previously
- UK Services PMI came in 52.9 vs 52.9 exp. and 52.9 previously
GBPUSD didn't react to final PMI data. The pair is traded near 1.277 level.
Economic Calendar - Inflation Takes Center Stage (12.05.2026)
What to look out for this week❓
Morning Wrap: Iran's peace proposal “UNACCEPTABLE”; markets take a hit ❗💥
BREAKING: US Labor Market Stronger Than Expected, While Wage Pressure Eases. EURUSD gains!🚨