The market’s looking at an improvement to around 48.7 from 48.2 in June, and GBP/USD’s been in a 1.5527-58 range since i crawled out of bed. Reuters is apparently looking at a reading of 48.0 .
All will be revealed in 10 mins
(Bids sit down at the 1.5500/10 area and there some congestion on the charts down in the 1.5460/70 level below, topside offers are touted up around 1.5605/15).