GBP/USD breaks into new highs after 60+ pips spike

GBP/USD has been given a strong boost in Asia, extending gains above 1.6383 Friday's high after a 60+ unusual spike higher, possibly due to the low liquidity and some stop loss hunting.
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China's HSBC PMI revised higher

China's HSBC Manufacturing PMI (final reading) came at 50.8 vs 50.5 exp and 50.9 last, which represent an upward revision from the earlier flash reading, and little-changed from 50.9 October. The reading is the second-highest in eight months.
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