The Sterling (GBP) the rebound in stocks let the GBP/USD recover to 1.5650 and was one of the better performers on the day. The EUR/GBP was a big mover breaking the 0.8000 level and could be poised for a fresh down move as the Eurozone crisis rolls on. Also ahead, June CBI Distributive Trades forecast at 10 vs. 21 previously.
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