Friday, January 2, 2015

GBP/USD - Pound Tumbles on Weak UK Manufacturing Data

The British pound has greeted the new year with sharp losses, as the pair trades in the low-1.54 range in Friday's European session. GBP/USD reacted sharply to a soft British Manufacturing PMI report, as the key indicator slipped to 52.5 points in December. Net Lending to Individuals improved to 3.3



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