The Sterling (GBP) another set of weak data overnight did not help the Pound with December Services PMI dipping to 49.7 from 53.0 previously. Support was seen form heavy EUR/GBP selling however down to 0.8400 as the Euro fell out of favor. Overall the GBP/USD traded with a low of 1.5444 and a high of 1.5567 before closing the day at 1.5460 in the New York session.
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