Cable extends gains on Spain reports, U.K. data

Note: This section contains information in English only.
Source: Forexpros

On Friday, the British Pound was higher versus the U.S. Dollar, following the release of the data that showed that the net borrowing of British public sector was less than expected. GBP/USD hit 1.6294, and subsequently consolidated at 1.6294, which was a 0.49% increase for the European morning trading session.

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