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The UK economy remained stable in August, according to the latest economic data.
Trade and construction figures were broadly worse than expected while industrial production numbers were broadly better than predicted. The GDP statistics for the month were mixed.
Overall, that sent GBPUSD modestly lower.
Looking ahead, the Brexit negotiations between the UK and the EU will likely determine the future direction of GBP and London stocks, as I explained in this webinar before and after the data.
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— Written by Martin Essex, Analyst and Editor
Feel free to contact me via the comments section below, via email at firstname.lastname@example.org or on Twitter @MartinSEssex
Original from: www.dailyfx.com