GBPUSD

On March 24, 2025, the expected Production PMI data to be announced from the U.S. is set at 51.9, while the previous value was 52.7. Although the PMI remaining above 50 indicates ongoing expansion in the manufacturing sector, the anticipated decline signals a slowdown in growth rate, which could exert limited pressure on the USD. The expectation for the Service PMI data, also to be announced on the same day, stands at 51.2, compared to the previous value of 51.0. The slight increase expected in the Service sector PMI suggests that the economy remains resilient in this sector. This positive outlook in the Service sector, which constitutes about 70% of the U.S. economy, could support the USD.