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GBP/USD near session lows as slew of UK data awaits
Yesterday evening the GBP/USD hit a fresh session low at 1.3022. The Pound later rebounded into the US close, where it closed at 1.3059. The range seen so far today has been covered by 1.3046 to 1.3067. The Pound is right now near the bottom end of that range ahead of a whole bunch of UK economic data due for release shortly, at 6am GMT. This covers August data on monthly GDP, trade balances, index of services and industrial and manufacturing production. The upshot of all this data could have an impact on the GBP/USD and the EUR/GBP too. A report here will follow once the data is released and whatever immediate impact it might have on the Pound. The GBP/USD is currently trading at 1.3048
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