Sterlingbulls Leans On PMI Lifeline

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Sterling displayed an incredible rebound during trading on Thursday with the GBPUSD surging towards 1.3265 following August’s blockbuster manufacturing PMI of 53.3 which instantly dispelled the ongoing Brexit fueled concerns. UK Manufacturing has hit a 10-month high clawing out of contractionary territories aided by a vulnerable Sterling that helped bolster[​IMG]

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