Great British Pound spirals downwards after the reports of the Manufacturing PMI were released.
Streling dropped from 1.6230 against the U.S Dollar to a new session low of 1.6208; currently the pair is trading a little higher at 1.6212.
The manufacturing PMI news declined from 49.4 in July to 49.0 in August; while economists expected a release of 48.9.
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