Cable hit fresh five-week high on Wednesday after being initially boosted by better than expected UK Nov services PMI, while unexpected and strong drop in US private payrolls (ADP report) added to expectations of Fed December rate cut additionally inflated sterling. The pair was up around 0.8%, on track for the biggest daily gain since […]
The post GBP/USD: Cable Surges on Disappointing US ADP Data appeared first on ActionForex.
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