The Sterling (GBP) spent most of the day between 1.5860-1.5900. But sellers remain in control for now with the Euro led weakness dominating the market. Strong support is seen at the 1.5850-60 where the 200 DMA is major technical level. Looking ahead, UK Claimant Count forecast at -0.5k vs. -4.0k previously. Also September UK Unemployment Rate forecast at 7.9% vs. 7.9% previously.
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