China HSBC Manufacturing PMI below forecasts (51.5) in August: Actual (50.3)

FXStreet.com (Barcelona)

Aug 21, 2014

GBP/USD pressing on key support 1.6580 - FXStreet

Valeria Badnarik, chief analyst at FXStreet explained that the GBP/USD struggled to hold above the 1.6600 level.

China's HSBC PMI for the month of August (preliminary) came at 50.3 vs 51.5 expected and 51.7 last month (18-month high).