UK Manufacturing and Services PMI came in better-than-expected. However, these figures failed to change the balance on the market. As a result, the pound remained deeply in the red.
The main scenario assumes a recovery move to the level 1.3090.
An alternative scenario is a decline to 1.3020.
A move above the level 1.3070 may lead to a rally towards 1.3090.
A break below 1.3050 will show room for further downside to 1.3020.