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Market Overview

GBP/USD Moves Down

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GBP/USD is trading at 1.5669, up 0.0090. The pair has drifted a little lower off the highs of the session.

March U.K. Industrial production came out at up 0.7 percent year-over-year versus up 0.1 percent in February. Month-over-month the data was up 0.5 percent versus 0.1 percent. Market talk about the BOE inflation report due later this week and possible comments.

U.K. BOE Governor Mark Carney on Wednesday is making the rounds.

 

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Posted-In: british pound PoundFutures Forex Markets

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