The Sterling (GBP) performed better than most other risk assets as EUR/GBP selling supported GBP/USD. GBP/USD still tested 1.6000 in Europe before rallying in the US session back to opening levels above 1.6100. Looking ahead, Q3 GDP forecast at 0.4% vs. 0.1% previously. October Manufacturing PMI forecast at 50 vs. 51.1 previously.
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