The Sterling (GBP) weak November Trade Balance data at -8.7bn m/m a new record was shrugged off with the market tracking the Euro to fresh week highs above 1.5750.   Overall the GBP/USD traded with a low of 1.5581 and a high of 1.5783 before closing the day at 1.5755 in the New York session. Looking ahead, MPC Rate Decision forecast to hold at 0.5%.
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