Pound flat against Euro ahead of construction PMI

Source: WBP Online
© Scanpix/AFP
The EUR/GBP pair traded sideways on Tuesday, as traders await construction PMI figure from Britain. The Euro was 0.05% higher to 0.7032 against the Sterling by 8:10 AM GMT. Market watchers expect the construction PMI figure for July to improve to 58.5 from 58.1 in June. This UK data release is just one of series this week, therefore, the Pound is expected to see significant movements against its major counterparts. 
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