Flash: GBP/USD strengthens on BoE rate rise prospects - Investec

Jonathan Pryor, Corporate Treasury Analyst at Investec reminds us that previously, he commented that that yesterday’s big UK data release, the Services PMI, had the potential to move markets and it certainly lived up to this billing.
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EUR/GBP hits 1-month low after UK IP data

The EUR/GBP pierced below the 0.8380 area and fell to a fresh 1-month low as the pound strengthened broadly following upbeat industrial and manufacturing production data from the UK.
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