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GBP/USD weighed down by disappointing UK data

Cable drops to 1.5037 after weaker than forecast UK Jan IP & MP data IP -0.1%, MP -0.5%. Both were forecast +0.2% 1.5025/32 (recent treble-day low) is a support window pre-1.50

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EconoTimes — Reading the Times. Understanding the Future.

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  • Cable drops to 1.5037 after weaker than forecast UK Jan IP & MP data

  • IP -0.1%, MP -0.5%. Both were forecast +0.2%

  • 1.5025/32 (recent treble-day low) is a support window pre-1.50 

 

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