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GBP/USD. Analysis and Forecast
The pound started the European session
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The pound started the European session on Friday by pulling back from the 1.3475 level and, at the time of writing, is trading slightly above 1.3440. Following a downward revision of the UK manufacturing PMI for December (S&P Global), the pound also declined, while remaining within the weekly range and above the 1.3400 threshold.The manufacturing PMI data published today for the UK showed that growth momentum was weaker than expected. The final reading came in at 50.6 versus the preliminary
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