The Sterling (GBP) was extremely contained against the USD and Yen but made gains against the Euro as the markets waited for fresh catalysts. UK March Claimant count was +0.7k vs. -10k previously. The Jobless Rate fared better dropping to 7.8% vs. 8.0% previously. Overall the GBP/USD traded with a low of 1.6225 and a high of 1.6346 before closing the day at 1.6260 in the New York session.
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