The Sterling (GBP) remained weak with GBP/USD breaking through 1.5900 and continuing to grind lower in Asia today. The 200DMA is close at 1.5850 and could provide some support. GBP Crosses are weighing with GBP/AUD slumping and EUR/GBP back above 0.8020. Looking ahead, October CPI forecast at 2.3% vs. 2.2%. November German ZEW Survey forecast at -9.8% vs. -11.5%.
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