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GBP/USD remains below 1.3100 after UK Final Manufacturing PMI misses estimates with 53.3 in July

The UK manufacturing sector activity quickened its pace of expansion less-than-expected in the month of July, 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 53.3 in July versus 53.6 expected and 53.3 first readout.

 

more to come …

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