GBP/USD surges to near 1.2760 on the upbeat UK PMI data, focus shifts to US PMI

Forex

<ul><li>Prior -1.9%</li><li>PPI -3.4% vs -3.1% y/y expected</li><li>Prior -1.5%; revised to -1.6%</li></ul><p>Looking at the breakdown, there was