UK Preliminary Manufacturing PMI beats estimates with 53.3 in Oct, GBP/USD slips below 1.31

UK Manufacturing PMI beats estimates with 53.3 in Oct.
Services PMI in the UK drops to 52.3 in Oct.
GBP/USD trims gains to ease below 1.3100 on the data.

The UK manufacturing and services sector activities showed mixed performance in October, the preliminary report from IHS Markit showed this Friday.

more to come ....

Oct 23, 2020

United Kingdom Markit Services PMI came in at 52.3, below expectations (54) in October

GBP/USD sits near daily tops, around 1.3100 mark post-UK PMIs

The GBP/USD pair rallied over 50 pips in the last hour and refreshed daily tops, with bulls now looking to build on the momentum further beyond the 1.