The Sterling (GBP) the GBP/USD remained very calm while the rest of the market swirled around it sticking to the 1.5500 level. EUR/GBP fell back below 0.7800 and found support at 0.7775. Looking ahead, July German IFO forecast at 104.7 vs. 105.3. UK Q2 Preliminary GDP forecast at -0.2% vs. -0.3% previously.
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