Feb 8, 2013
Forex: GBP/USD back above 1.5700
Following better than expected trade balance figures coming out of China, and latest CPI in line with expectations at 2% YoY, down from previous at 2.5%, Cable is near session highs last at 1.5734, off yesterday's highs post Carney's hearings at 1.5770. The pair is higher for the week by some +0.25%, with weekly highs Tuesday at 1.5805, and lows at same day 1.5629.
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