UK economy has recovered after the "mini-budget" crisis | 05 Abril 2023

05 Abril 2023, GBP/USD

UK economy has recovered after the "mini-budget" crisis

GBPUSD trading plan:

Britain's economy looks set to have grown in early 2023 after firms in the dominant service sector in March reported the strongest new business expansion in a year and the best export performance since at least 2014, an industry fresh survey showed. Adding to signs of recovery in the economy final reading of the S&P Global/CIPS UK Services Purchasing Managers' Index of 52.9 was below February's 53.5 but above the 50-mark denoting growth for a second month in a row. It was also a touch higher than a preliminary March reading of 52.8 and contrasted with a more downbeat picture for the smaller manufacturing sector last month.

Investment idea: buy 1.2450 and take profit 1.2531.

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.