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GBP/USD rises to best levels of the week after ISM disappoints

There have been many reactions to the latest US ISM data missing on forecasts and that has seen the dollar come under pressure. It has also seen Bitcoin rise to a new record high, but more on that in a minute. The Pound has taken full advantage of this weaker than forecast US data, made worse by a significant miss on the latest factory goods orders too. So, the GBP/USD has now lifted to its best levels of the past couple of weeks, as it lifts above 1.2725. The high seen so far has been set at 1.2735. It is off that high right now though, currently trading at 1.2718

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