The Sterling (GBP) some weak housing data with RICS house Price -49% and September& rsquo s Trade Balance at 8.2bn vs. 8bn forecast. Cable fell through 1.6000 after heavy selling for most of the day with support struggling to be found. Overall the GBP/USD traded with a low of 1.5950 and a high of 1.6187 before closing the day at 1.5980 in the New York session.
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