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GBP/USD looks to regain 1.29 after UK Final Manufacturing PMI beats estimates with 53.7 in Oct

The UK manufacturing sector activity expanded more-than-expected in the month of October, the final report from IHS Markit confirmed on Monday. 

The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) was revised lower to 53.7 in October versus 53.3 expected and 53.3 first readout.

 

more to come …

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