The British pound gained 80 points after the publication of the UK Services PMI data.
British Services PMI rose from 47.4 to 52.9, so the cable could add almost 80 points. But the strengthening of the pound was short-lived.
Today the US will present data on the ISM Non-Manufacturing PMI for August.
The ISM Non-Manufacturing PMI is projected to decline from 55.5 to 55.0. These are the main news that is worth to pay attention today.
How to trade binary
The pair GBP/USD may continue the upward moving if it overcomes the noise range of 1.3327 - 1.3366. We would buy call options if the pair GBP/USD rises above 1.3366. We would buy put options if the pair falls below 1.3302.
Expiry time: 20:00 GMT