The Sterling (GBP) was very well supported after solid Retail Sales at 0.3% in November with upward revisions in October. EUR/GBP fell back from above 0.8500 level as the Euro remained out of favor. Overall the GBP/USD traded with a low of 1.5539 and a high of 1.5640 before closing the day at 1.5635 in the New York session.
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