The Sterling (GBP) was weaker than most majors with the market selling the Pound first against the resurgent Dollar. EUR/GBP took advantage moving above 0.8900 and the looking strong as the uptrend continues. Overall the GBP/USD traded with a low of 1.6635 and a high of 1.6725 before closing the day at 1.6650 in the New York session. Looking ahead, April CBI distributive Trades forecast at 13 vs. 15 previously.
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