On Friday, the British Manufacturing PMI fell from 52.1 to 49.1. The Services PMI fell from 52.3 to 47.4.
The US Manufacturing PMI showed an increase from 51.3 to 52.9.
Today the balance of the CBI industrial orders for the current month is expected to decrease from -2 to -6 in the UK.
The coming week will be very interesting. The US is to publish data on new home sales and consumer confidence from the Conference Board, as well as a report on orders for durable goods.
Recently, the market has experienced relative certainty about the stability of the US economy. However, on Wednesday the Fed's decision will be published. Most likely, the regulator will refrain from any actions, because now it is still necessary to evaluate the possible consequences of the Brexit. However, the market will closely follow the comments of officials.
How to trade
We would buy put options if the pair GBP/USD falls below 1.3094. We would buy call options if the pair rises above 1.32.
Expiry time: 20:00 GMT