GBP/USD Trading Lower, U.K. Industrial Production Declines

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GBP/USD is trading at 1.2607, down 0.0067. The pair is trading choppy. The U.K. Office for National Statistics reported that year over year U.K industrial production fell 1.1 percent during October versus a 0.4 percent rise in September. On the month U.K. manufacturing production fell 1.3 percent versus a 0.4 percent decline in September. The National Institute of Economic and Social Research (NIESR) is scheduled to release U.K gross domestic product (GDP) estimates at 10:00 a.m. ET.
Posted In: FuturesForexMarketsbritish poundGBP/USD
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