The Great Britain pound gained today after the report showed that the construction in the UK expanded in March faster than was predicted by analysts.
The seasonally adjusted Markit/CIPS Construction Purchasing Managersâ Index was at 56.4 in March, showing a strong expansion of activity in the UK construction sector. The index was at 56.5 in February and was expected to drop to 54.7 last month.
GBP/USD traded at 1.6142 today as of 10:16 GMT after it opened at 1.6107 and climbed to the intraday high of 1.6175.
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