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EU Producer Price Index (YoY) remains at -1.4% in November; -0.5% (MoM)

GBP/USD slides on bearish momentum

GBP/USD is currently trading at USD1.6389.
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Flash: GBP/USD edges higher despite PMI disappointment - OCBC Bank

Emmanuel Ng, FX Strategist at OCBC Bank notes that GBP/USD managed to edge higher despite the disappointing December services PMI reading of 58.8.
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