The Sterling (GBP) held up better than the Euro but was still under pressure after a rally above 1.6000 was sold aggressively during the latter part of Europe. Support was found at 1.5900 and the market recovered with US stocks into the close. Overall the GBP/USD traded with a low of 1.5896 and a high of 1.6087 before closing the day at 1.5950 in the New York session.  
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