The Sterling (GBP) GBP/USD fell back to 1.6000 but has held above the level so far with EUR/GBP selling helping to support. The EUR/USD sell off has left all the majors under pressure and if the selling continues this week then the GBP/USD could be dragged into a downtrend with the single currency. Looking ahead, October PMI Services forecast at 52 vs. 52.2 previously.
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