British factories recorded their fastest growth | 02 Diciembre 2020

02 Diciembre 2020, GBP/USD

British factories recorded their fastest growth

GBPUSD trading plan:

British factories recorded their fastest growth in almost three years last month as they stockpiled raw materials and rushed to complete work before new post-Brexit customs rules come into force on Jan. 1. The IHS Markit/CIPS Purchasing Managers' Index rose to 55.6 in November from 53.7 in October, its highest since December 2017 and above an earlier flash reading of 55.2, bucking a gloomier picture from other sectors hit harder by COVID. Factory output, which is only one component of the total PMI, also accelerated. This is a positive signal for the British currency!

Investment idea: Buy 1.3404 and take profit 1.3454.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.