GBP/USD off multi-month highs after UK Final Manufacturing PMI misses estimates with 55.2 in August

The UK manufacturing sector activity expanded less-than-expected in the month of August, the final report from IHS Markit confirmed on Tuesday. 

The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) was revised lower to 55.2 in August versus 55.3 expected and 55.3 first readout.

 

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