GBP Trading Outlook (20-08-2012)

The Sterling (GBP) the GBP/USD eased on Friday unable to kick higher after the strong moves on Thursday and falling back to the comfortable 1.5700 level in quiet trade. GBP/AUD buying supported along with GBP/JPY moves but the major will require fresh UK news to kick it higher. Looking ahead, No economic data Monday.

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