The Sterling (GBP) stayed within a 100 pip range with the market able to stage a small rebound in the European session before falling back again during New York trading. EUR/GBP is attempting to take advantage of the Euro weakness and EUR/GBP did push to 0.8450 but progress is slow going. Overall the GBP/USD traded with a low of 1.5474 and a high of 1.5580 before closing the day at 1.5520 in the New York session.
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