Cable recovers from low with inflation in focus

Source: WBP Online
© Scanpix/Reuters
The Sterling managed to recover from its lowest level in two months against the Greenback. After being pressured by the possibility of increased rates, the Pound climbed and was able to recover by 0.10% to trade at 1.6789 against the US Dollar ahead of BoE's inflation report due to be released on Wednesday, along with several other indicators and a speech by Mark Carney. 
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