The Sterling (GBP) Tested 1.6000 on risk aversion early in Europe before reversing on EUR/GBP selling and strong Halifax House Prices which gained 1.2% in October m/m. EUR/GBP broke to fresh lows under 0.8600 finding support at 0.8560. Looking ahead, September Industrial output forecast at 0.1% vs. 0.2% previously.
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