PMI and the GBPUSD GBPJPY

PMI GBP/USD GBP/JPY

At 4:30 a.m. we will have UK Services PMI. I would trade it with 0.8 trigger.

BUY

If it comes out at 52.5 or higher, Buy GBP/USD or GBP/JPY, and expect 30 to 40 pips move.

SELL

If it comes out at 50.9 or lower, Sell GBP/USD or GBP/JPY, good for 30 to 40 pips as well. With a wider trigger, you can expect even bigger price move here.