GBP Trading Outlook (14-11-2011)

The Sterling (GBP) GBP/USD surged back above 1.6000 as the rally began in Europe and held into a tight range for the rest of the US session above 1.6050. EUR/GBP has been receiving a lot of attention since it broke lower with the Euro weakness but has since been quite content to range trade near the 0.8550.

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