The Sterling (GBP) did well as crosses gained and the market responded to improvement in the UK PMI Construction survey to 53.8 in September. EUR/GBP fell from multi-month highs above 0.8700. Overall the GBP/USD traded with a low of 1.5747 and a high of 1.5872 before closing the day at 1.5820 in the New York session. Looking ahead, September Services PMI forecast at 51 vs. 51.3 previously.
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