As reported at 11:34 (London), GBP / USD was trading at $ 1.3266, the profit was 0.06%; the pair ranged from the session trough from $ 1.3242 to the peak of $ 1.3294. EUR / GBP is trading at 0.87594 pence, an increase of 0.5557%; earlier the pair reached a peak of 0.87600 pence, and the low level for the session was 0.86983 pence.
UK data for sterling drive
In the UK, some upcoming data can help investors better assess the economy. Later today, the GfK Consumer Confidence survey for May will be released with economists predicting a slight improvement. On Thursday, data on housing prices, consumer credit and mortgages will be published. Then on Friday, markets will turn to Markit PMI Manufacturing, with economists demanding a small decrease to 53.6 in May from 53.9; for reference, 50.0 is the threshold that separates the shrinking sector from the expanding one.