The Sterling (GBP) the GBP/USD was also in consolidation mode stick to a 50 pip range supported at the 1.5850 level as well and will be looking to fresh inspiration from the Greece and the US data tonight. The EUR/GBP is pivoting the 0.8300 level and is an important cross to gauge the relative strength of the Pound. Looking ahead, January PMI services forecast at 53.5 vs. 54 previously.
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