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Forex Trading: Sterling has been a beast this evening...

Posted by Michael FX on Mon, 05/12/2008 - 5:36am in

Sterling has been a beast this evening as it gapped lower, was offered into the low 1.9440's and bid up before the UK PPI #s and trade balance where it hesitated afterwards despite being GBP positive then took off where it sits comfortably above the 1.9600 figure area.