The Sterling (GBP) the GBP/USD was quiet in a 50 pip range between 1.6030 and 1.6080. The Pound is following the lead of the Euro and will do well if EUR/USD breaks above 1.3000. Little economic data this week means the stock market will be the main source of movement. Looking ahead, October German ZEW Survey forecast at -15 vs. -18 previously.
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