FX:GBPUSD   British Pound / U.S. Dollar
23 0 2
Sterling's quick fire rise to near 1.51 levels followed by a drop to 1.5070 despite the horribly weak ISM manufacturing report indicates the cable lacks strength and is likely to move towards 1.50 handle.

The turn lower from near 1.5 levels after the ISM figure also marked a failure to sustain above 1.5087 (61.8% of Apr-Jun rally).

Trade - Sell GBP/USD             @ 1.5070 Target 1.50 stop loss 1.5110
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