The Sterling (GBP) better than expected data and the risk on rally helped the GBP/USD to 1.5860 before easing back to the 1.5800 level to close. The EUR/GBP shot higher to 0.8780 with the single currency enjoyed support from central banks. August Retail sales came in at -0.2% vs. -0.3% m/m forecast. Looking forward, Chancellor Osborne Speaks.
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