GBP/USD retreats from multi-week top, slides below 1.2700 on stronger USD

The GBP/USD pair attracts some sellers on the first day of a new week and reverses a major part of Friday's positive move to mid-1.2700s, or a nearly three-week high.
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China's Caixin Manufacturing PMI jumps to 51.5 in November vs. 50.5 expected

China's Caixin Manufacturing Purchasing Managers' Index (PMI) jumped to 51.5 in November after recording 50.3 in October, the latest data showed on Monday.
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