Purchasing managers’ index, as known as PMI, is a useful economic indicator. At 9:30 am （UTC） today, UK will release Markit/CIPS Services PMI and Markit /CIPS Composite PMI of April.
For Services PMI (Apr), a higher than expected reading should be taken as positive for the GBP, and versa.
For Composite PMI (Apr), a higher than expected reading should be taken as positive for the GBP, and vice versa.
Now, you can check the PMI after 9:30 with our Economic Calendar.
