The Sterling (GBP) Cable Gyrated around the 1.6000 level on Friday with post NFP selling pushing the major to 1.5960 supports before buyers came back to close at 1.6040. EUR/GBP selling is providing plenty of support as the GBP now looks the more attractive option of the two pressured currencies. Looking ahead, Halifax House Prices forecast at 0.1% vs. -0.5% m/m.
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