GBP Trading Outlook (19-04-2012)
The Sterling (GBP) the main mover in the markets Wednesday as we saw GBP/USD break above 1.6000 after the MPC minutes showed those members looking to increase the UK Asset Purchase program (printing money) had decreased to only 1 in the April MPC Meeting. EUR/GBP finally broke 0.8200 after weeks of teasing the level. Looking ahead, Spanish 10 year Bond Auction.
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