The GBP/USD currency pair slipped below the 1.3450 mark during early London trading on Friday, following a rejection at the 1.3475 level. The decline comes on the heels of the final UK manufacturing PMI data, which has influenced market sentiment and prompted traders to reassess their positions.
As the exchange rate dipped, market participants are closely monitoring the potential implications for future monetary policy and economic performance. The Pound's retreat could signal a shift in momentum, particularly against a backdrop of fluctuating demand for the USD and evolving economic indicators from both the UK and the US.
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Data Source: FX Killer Analysis Team Updated: 2026-01-02 13:32
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.