The Sterling (GBP) the goodwill towards the pounded faded in the US session and EUR/GBP broke back above 0.8900. GBP underperformance has been evident in recent week with the UK economic recovery lagging most developed countries. Overall the GBP/USD traded with a low of 1.6622 and a high of 1.6749 before closing the day at 1.6645 in the New York session.
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