GBP Trading Outlook (24-04-2012)

The Sterling (GBP) the GBP/USD continued to be the strongest risk currency in the market hardly pulling back at all and saw the pair close above 1.6100 and at new highs against the Euro. The market is looking to press higher with GBP/JPY buying quite strong and holding above Y130. Also ahead, March Public Sector Debt forecast at 14.4bn vs. 12.91bn previously

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