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Elliot_Myers Elliot_Myers PRO GBPUSD, 240,
GBPUSD: GBP/USD Construction PMI Forecast
100 0 2
GBPUSD, 240
GBP/USD Construction PMI Forecast

UK Construction is not the nations strongest sector and a poor or below expected read is the most likely outcome, 4 of the last 5 reads have been below average. The likely outcome will be price continuing to head down and challenging a break of the historic consolidation zone around the 38.2% fib level. A good read will confirm trader sentiment last Friday which ...

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