Pound gains on poor U.S data expectations

Note: This section contains information in English only.
Source: WBP Online
The British Pound climbed against the Greenback, reaching the weekly high, as traders move away from the U.S Dollar, anticipating weak U.S GDP data for the second quarter. Additionally, experts watch closely CBI report on national retail and distributional sector numbers, which are predicted to surge to +27 points in August from +21 points seen in July. The Sterling advanced 0.07% to $1.6587.
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