Germany: Manufacturing PMI rose to 52 in August

FXstreet.com (Edinburgh) -The flash manufacturing PMI print in the first economy of the bloc extends its positive momentum in August, rising to 52.0 from 50.7 and 51.1 expected. Services PMI followed suit, up 52.4 vs. the median at 51.7.

Flash: GBP/USD forms another top below the June peak at 1.5752 - Commerzbank

Axel Rudolph, Senior Technical Analyst at Commerzbank notes that GBP/USD has come close to but did not quite reach the uptrend channel resistance line, 200 week moving average and the June peak at 1.5752/55 before dropping.
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