Britain's Pound near one-month low against the Dollar

Source: WBP Online
© Scanpix/Reuters
The Sterling is holding steady against the US Dollar after seven consecutive sessions of downfall. As traders wait for the GDP data to be released, in regard to UK's second quarter, the Cable is sitting at 1.6985, close to the lowest price in one month, which reflects disappointing UK retail sales and surprisingly good unemployment claims in the US.
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