United Kingdom S&P Global/CIPS Composite PMI came in at 52.6, below expectations (52.9) in September

Oct 3, 2024

GBP/USD hammered down to over two-week low, below mid-1.3100s on Bailey's dovish remarks

The GBP/USD pair continues losing ground for the third straight day – also marking the fourth day of a negative move in the previous four – and plummets to over a two-week low during the first half of the European session on Thursday.

United Kingdom S&P Global/CIPS Composite PMI came in at 52.6, below expectations (52.9) in September

GBP/USD hammered down to over two-week low, below mid-1.3100s on Bailey's dovish remarks

United Kingdom S&P Global/CIPS Services PMI came in at 52.4, below expectations (52.8) in September