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July 04, 2023Trading lower, GBP/CAD is currently down 1 pips as it ranges between 1.6793 and 1.6826 so far today.
Meanwhile, United Kingdom Manufacturing PMI came out at 46.5, while a consensus of analysts was expecting 46.2.
In the meantime, negative performances are seen in other pairs, EUR/NZD is down to 1.7659, losing 70 pips, after closing at 1.7729 in the preceding trading session. GBP/NZD is down 50 pips from the beginning of the session and now trades around 2.0568. USD/SGD slides down 0.17% to trade around 1.3488.
Furthermore, United Kingdom Services PMI is expected tomorrow at 08:30 UTC. United Kingdom Composite PMI figure is projected at 52.8. It previously stood at 54; data will be released tomorrow at 08:30 UTC.
Having established significant support at 1.4665 approximately 9 months ago, Sterling-Canadian dollar's share price has bounced 14.59% higher.
