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Manufacturing Data and USD Strength + GBPUSD Priming for Long

Manufacturing Data and USD Strength + GBPUSD Priming for Long

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Today's Philly Fed manufacturing data came out exceptionally well, as the data printed a result of 26.5 versus the forecast of 11.2. Despite this result, the Dollar has found itself down 0.42%. As expected, the long-term downtrend for the…