As reported by «Market Leader» (US)
Optimistic Expectations Rose GBPUSD
Forex news, GBPUSD. On Wednesday positive dynamics of GBPUSD has been provided by investors’ expectations of May PMI index being higher than predicted. However, the actual value of PMI in May amounted to 54.4 points, following 55.8 points in April; this is slightly lower than expected 54.5 points. As expected by dealers, the rise of GBPUSD currency pair was stopped at 1.5510 selling point.