GBP/AUD potential downside in play...

British Pound/Australian Dollar FX:GBPAUD

Forex-Traders-Uk

UK Flash Services PMI (Feb) 49.7 vs. Exp . 41 ( Prev . 39.5); Manufacturing PMI (Feb) 54.9 vs. Exp . 53.2 ( Prev . 54.1)

Composite PMI (Feb) 49.8 vs. Exp . 42.2 ( Prev . 41.2)


UK Retail Sales YY (Jan) -5.9% vs. Exp . -1.3% ( Prev . 2.9%)
UK Retail Sales MM (Jan) -8.2% vs. Exp . -2.5% ( Prev . 0.3%)
UK GfK Consumer Confidence (Feb) -23 vs. Exp . -27.0 ( Prev . -28.0); highest since March.

UK Chancellor Sunak is reportedly extending the furlough scheme until summer.

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