The Sterling (GBP) the GBP/USD finally broke 1.5700 decisively and pushed higher to 1.5750 on the back of the stocks and EUR/USD rally. July Retail Sales at 0.3% vs. -0.1% forecast helped underpin the move higher and traders are looking to extend the gains. Looking ahead, July German PPI forecast at 0.4% vs. -0.4% previously.
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