The Sterling (GBP) Solid economic data and risk on environment helped Cable rally back above the key 1.6000 level. GBP/JPY surge past Y134 as October Retail Sales jumped 0.5% m/m. The CBI November Industrial trends Survey improved to -15 from -28 previously. Overall the GBP/USD traded with a low of 1.5886 and a high of 1.6058 before closing the day at 1.6040 in the New York session.
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