GBP/USD keeps 1.3300 post-PMI

The Sterling remained apathetic after the releases of Services PMI, taking GBP/USD to the 1.3315/20 band.

GBP/USD now looks to ADP

Spot kept the composure after UK’s Services PMI has matched estimates for the month of July, coming in at 47.4, in line with preliminary readings.

The pair is surrendering part of its recent advance following a pick up in the demand for the US dollar, although it remains able to keep the trade well above the recently gained 1.3300 handle.

Ahead in the session, US ADP report will take centre stage (170K exp.) followed by the ISM Non-manufacturing.

GBP/USD levels to consider

As of writing the pair is losing 0.12% at 1.3340 and a break above 1.3481 (high Jul.15) would target 1.3535 (high Jun.29) and finally 1.3646 (38.2% Fibo of 1.5020-1.2796). On the other hand, the immediate support aligns at 1.3174 (20-day sma) followed by 1.3061 (low Jul.20) and then 1.2849 (low Jul.11).