The Sterling (GBP) fell sharply from above 1.5500 to 1.5360 as widespread GBP selling was noted on many crosses. Overall the GBP/USD traded with a low of 1.5365 and a high of 1.5539 before closing the day at 1.5430 in the New York session. Looking ahead, Nationwide HP forecast -0.3% m/m.
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