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Pound Surges on Strong UK Manufacturing PMI

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    GBP/USD has posted sharp gains on Thursday, as the pair trades at 1.3250. On the release front, British Manufacturing PMI jumped to 53.3 points, well above expectations. In the US, unemployment claims came in at 263 thousand, within expectations. Later in the day, the US releases US ISM Manufacturing PMI.[​IMG]

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