South Africa Manufacturing Production Index (YoY) down to 0.2% in October from previous 0.3% | FXStreet

GBP/USD stays defensive below 1.3400 in the European session on Thursday, pressured by a modest US Dollar upswing. Nonetheless, the potential downside might be limited after the US Federal Reserve delivered a rate cut at its December policy meeting. Traders brace for the US weekly Initial Jobless Claims report due later in the day.