UK October Services PMI 50.0 vs 49.7 expected 

Via Markit

GBP
  • 49.5 prior
  • Composite PMI 50.0 vs 49.5 expected
  • 49.3 prior

A couple of beats here supporting cable currently at 1.2884. IHS Markit say that Oct PMI is consistent with GDP falling at a quarterly rate of -0.1%, underlying trend 'stagnation at best'

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