The Sterling (GBP) some soft jobs data hurt the pound with +2.4k vs. -3k forecast. The BOE quarterly inflation report disappointed those traders looking for more support for a rate rise this year. Overall the GBP/USD traded with a low of 1.5985 and a high of 1.6189 before closing the day at 1.6090 in the New York session. Looking ahead, February CBI orders are forecast at -14 vs. -16 previously.
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