1Finance

GBP/USD slipped from the highs amid Brexit worries and a strengthening of the US dollar. Has it peaked? The upcoming week features the PMIs as well as other indicators. Here are the key events and an updated analysis for GBP/USD.

1. Manufacturing PMI: Monday, 8:30.
2. Construction PMI: Tuesday, 8:30.
3. FPC Meeting Minutes: Tuesday, 8:30. The minutes from the Financial Policy Committee’s meeting could provide more insight about the rapid growth in credit. The Bank of England is worried about growing debt among UK households.
4. BRC Shop Price Index: Tuesday, 23:01. The figure dropped by 0.3% in August.
5. Services PMI: Wednesday, 8:30.
6. Housing Equity Withdrawal: Thursday, 8:30. We now get the figure for Q2.
7. Halifax HPI: Friday, 7:30. This early indicator of home prices has shown a rise in August: 1.1%, beating expectations. A slowdown in housing is closely watched.

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