US January Reuters/Michigan Consumer Sentiment Index down to 80.4 vs 82.5 (December)

GBP/USD breaking the descending resistance

There has been a series of data this morning for the pair and Sterling has rallied over a big figure.
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US: Reuters/Michigan Consumer Sentiment Index falls in January against forecasts

The US Reuters/Michigan Consumer Sentiment Index fell to 80.4 in January, from 82.5 recorded the previous month, according to preliminary data released today by the Reuters/University of Michigan. Analysts expected an increase to 83.5.
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