Cable trades above 1.5450

Source: WBP Online
© Scanpix/AFP
The British Pound rose against the Greenback on Friday, as the Dollar weakened on upcoming Janet Yellen's speech on US economic outlook and optimism surrounding Greek crisis. The Pound traded 0.5% higher to 1.5455 against the Dollar by 9:00 AM GMT. However, the Cable did not nudge, after the UK trade balance narrowed, meanwhile analysts had expected the trade deficit to widen in May. 
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