The Sterling (GBP) the GBP/USD was mixed opening up strong and testing above 1.5700 but the risk off environment in thin trade later in the US was enough to drag it back towards 1.5680. Looking ahead, May German Core CPI forecast at -0.1% vs. 0.2% previously. Also May UK CBI distributive Trades forecast at -7 vs. -6 previously.
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