Italy Markit Manufacturing PMI came in at 59, above forecasts (57.5) in January

Feb 1, 2018

GBP/USD surges to fresh weekly tops, around mid-1.4200s ahead of UK PMI

• USD loses some ground despite positive US bond yields. • Technical buying helps accelerate the up-move. • Manufacturing PMI might trig

Spot is likely to extend its rangebound patter in the next weeks, suggested FX Strategists at UOB Group. Key Quotes “We have held the same view sinc