The Sterling (GBP) UK house prices jumped 0.8% in Jan and helped the Pound rally in the European session before reversing on post NFP dollar strength. EUR/GBP is a closely watched cross for general Pound strength and is threatening 0.8400 ahead of this weeks key BOE Interest Rate Decision. Overall the GBP/USD traded with a low of 1.6037 and a high of 1.6172 before closing the day at 1.6095 in the New York session.
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