GBP Trading Outlook (21-03-2011)

The Sterling (GBP) held no resemblance to consumer confidence coming at record lows, as the BoE&rsquo s involvement in co-ordinated intervention pushed the GBPJPY pair from 127.80 to higher near 132.53, simultaneously taking the GBPUSD along for the ride to trade as high as 1.6256. &nbsp

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