The Sterling (GBP) GBP/USD remained strong retesting 1.5850 before falling back to the now familiar 1.5800 range. Cable will follow the EUR/USD broadly with the fate of the two European currencies intertwined due to close trade relationships. Looking ahead, August Nationwide House Prices forecast at 0.0% vs. -0.7%. Also July German Retail Sales forecast at 0.2% vs. -0.1% previously.
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