Coming up at the bottom of the hour : UK services PMI Jan 09.30 GMT

Yes folks, it’s nearly here

Expectations are for 56.3 vs 55.8 previously

Always a risk event for the pound given the high % sector contribution to GDP

GBPUSD currently 1.5164 . Expect a decent number to launch another test on 1.5200. Weaker number leaves 1.5100-30 area a target again.

Best in 2026

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