The Sterling (GBP) the GBP/USD fell with the rest of the majors back to 1.5900 supports on the rising risk aversion. EUR/GBP was very stable at the 0.8570 level with the two European majors moving in lockstep together. Today CPI data is very important with the y/y still above 5%. Looking ahead, October CPI forecast at 5.5% vs. 5.6%.
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