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Aug 09 - 03:48 PM
GBP/USD - Weak UK Data Gives GBP/USD Bears Another Reason To Sell
First appeared on eFXplus on Aug 09 - 01:50 PM
  • GBP/USD limps into NY close -0.58% at 1.2065; Fri range 1.2147-1.2056
  • GDP, output data misses nL8N25526B adds to Brexit, political risks
  • At 31-month low, GDP miss raises pressure on sterling
  • Britain will spend "whatever it takes" on no deal - Gove nL8N2554VL
  • EUR/GBP +0.81% at 0.9284, Fri range 0.9301-0.9212; Pair eyes '17 high 0.9307

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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