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GBP/USD edges off session lows following unrevised UK manufacturing PMI report

The final revision to the flash September UK manufacturing PMI data has seen the data remain as it was, at 51.5. Prior to this, the GBP/USD had fallen back to a low at 1.3327 a little earlier. It is trying to push off that low just now. The failure of the Pound to get above 1.3434 yesterday was perhaps a function of a Powell led rebound in the dollar yesterday evening. That said, the GBP/USD closed out the month last night at 1.3375 and that was its highest monthly close since the very beginning of 2022, so Sterling bulls can at least take the positive out of that. The rebound in the Pound just now comes as the EUR/USD nails and lifts from that 1.1100 handle, where it seemed to meet with some decent buyers. That is now edging higher ahead of the important EU HICP report at 9am GMT and that move is helping the GBP/USD make some progress, currently trading at 1.3348

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