The Sterling (GBP) The GBP/USD reacted to the USD buying with a brief test under 1.6200 but has been very resilient lately and quickly returned to the upside bias. The EUR/GBP is getting attention as a quiet range trading option. Many traders are looking to sell on the rally close or above 0.8200 for an eventual move to 0.8000. Looking ahead, April German Unemployment Change forecast at -10k vs. -18k previously.
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