Spain Markit Services PMI came in at 60.3, above forecasts (57.4) in April

FXStreet.com (Barcelona)

May 6, 2015

GBP/USD rises to 10-DMA ahead of UK services PMI data

The GBP/USD pair rose to its 10-DMA located at 1.5232 ahead of the data in the UK, which is expected to show service sector expanded at a slower rate in April.

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May 6, 2015

Expect high volatility in GBP/USD and crosses – Blueprint Capital

Expecting UK political uncertainty to continue post the elections as parties try to make deals to form a coalition government, the Blueprint Capital FX Team, notes that volatility in GBP/USD and crosses might remain high.

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