Statistics on manufacturing production in the UK on Tuesday

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In case of a successful transaction on the GBP/USD currency pair.

The manufacturing industry is a key indicator and amounts to about 80% of the total industrial sector of the country.

This statistic has a significant influence on the dynamics of the pound.

The previous report was rather weak, which caused a downward impulse movement on the GBP/USD price chart and provided good opportunities for making a profit.

Let’s consider an example (timeframe – M15)

With a deposit of $200 and a volume of 0.1 lot, this transaction could bring you more than $60 in several hours, which is 30% of the total amount of trade capital.

On Tuesday, July 10, statistics on manufacturing production in the UK will be released at 11:30 (GMT+3:00).

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