November 2017 UK Markit/CIPS construction PMI 4 December 2017

There’s still a divide between residential construction and commercial, the latter being weaker. That’s a big Brexit signal as worries about the future hold back investment. It’s also reflective of the governments push for more housing, which is keeping residential builders happy.

GBPUSD gained around 12 pips on the better data.

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

Latest posts by Ryan Littlestone (see all)

Pin It on Pinterest