Investors have decided to continue buying the US dollars on the back of political and economic uncertainty.
This has helped the US dollar to strengthen and reach 1.2720.
Today we will see a lot of interesting data.
The United States will present data on the factory orders for August, which is expected to decline. The ISM Non-Manufacturing PMI is projected to rise from 51.4 to 53.0. The US trade balance may show a slight improvement: -39.30 billion vs. -39.5 billion in July.
The Non-farm employment change from ADP is expected at 166K against the previous 177K.
How to trade binary
We would buy put options if the pair GBP/USD falls below 1.2705. We would buy Call options if the pair rises above 1.2790.
Expiry time: 20:00 GMT