Pound Bulls Get Reminder of Pitfalls as Factory Output Shrinks

Updated on
  • Data comes day before BOE announce rates decision, outlook
  • Gilts stay lower before report with wage data due next week

The pound fell against the dollar, ending a two-day gain, after U.K. industrial production unexpectedly declined and exports slid the most in nine years, adding to signs of slowing momentum in economic growth.

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