Manufacturing PMI in UK is expected today to increase from 52.5 to 52.6, in case the release showed an increase than GBP will gain strength and target again the psycho level 1.63
Currently GBPUSD found support at 1.61 and in case the news came bad today it might fall to 1.60, on the other hand in case the news came good than GBPUSD might reach 1.63
Provided By Fxhighway