The Sterling (GBP) The GBP/USD took advantage of the relief rally on Friday to push back above 1.5500 and on to 1.5570 with the traders quick to change their mood on the Cable lately. EUR/GBP pushed to fresh multi year lows under 0.7900 and is targeting a break of 0.7800 if the downtrend continues. Looking ahead, June EU CPI is forecast at 0 vs. -0.1% m/m.
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