GBP/USD gains due to stronger sentiment

Source: Investing.com
© Scanpix/Reuters
The Sterling advanced versus the US Dollar on Thursday amid improved sentiment before the ECB's meeting. The Cable hit 1.5173, the highest level during the morning trading session. One of the reasons for stronger Pound was the UK public sector net borrowing, which increased to £12.47 billion in the preceding month, beating expectations of a £9.7 billion decline. The Pound also gained against the Euro, with EUR/GBP sliding to 0.7657.

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