Your UK data risk at 08.30 GMT 5 April
Expectations: 54.0 vs 54.5 prev
PMI readings don't count much nowadays but this one is a little more notable given the sector's 80+% contribution to UK GDP
As always we should expect an initial algo headline-led reaction to the data if wide of the mark so be ready with your entry/exit levels from whichever side you want to play.
Placing limit orders in advance can often be useful given the occasional speed of moves and subsequent reversals, although equally it can be prudent to wait and manually trigger executions once you've sized up the data in its entirety and gauged the price action.
GBPUSD currently 1.4046 in retreat again with EURGBP up to 0.8730 and GBPJPY selling again down to 150.35
GBPUSD still very much 1.4000-1.4100 for the moment. Order board here
