GBP Trading Outlook (03-01-2011)

The Sterling (GBP) was extremely strong going into the US open up over 200 pips on the day with EUR/GBP and GBP/JPY crosses supporting the major. Overall the GBP/USD traded with a low of 1.5435 and a high of 1.5665 before closing the day at 1.5595 in the New York session. Looking ahead, Bank Holiday.

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