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GBP down on weak Services PMI

GBP/USD fell below the $1.6100 mark on weaker-than expected UK Services Sector PMI.

The index came out at a 3-month low of 58.7 in September from August's 9-month high of 60.5. Consensus forecast was 59.1.

Combined with Wednesday's weak manufacturing PMI, today’s release confirms a slowdown in the UK economic recovery in the second half of the year. 

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