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United Kingdom PMI Construction remains at 48.7 in January

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Forex: GBP/USD at 1.5725 after UK PMI Construction

A distinctive plunge was seen on Friday, with almost 200-pip range throughout the day, reaching as low as 1.5690. The surrounding area of 1.5700 has been able to offer support several times last week and that seems to be happening now, as the GBP/USD bounces on Monday, with +0.15% of daily gains, at 1.5722.
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