GBP/USD Moves Up

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GBP/USD is trading higher at 1.4944, up 0.0012. Trading is active and choppy during afternoon U.S. forex trading. Chatter about UK CPI and PPI data due out Tuesday is making the rounds. Market talk about comments by Fed members during the trading session has brought buyers in to the GBP/USD. Chatter about some sellers at 1.4960 is making the rounds.
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Posted In: FuturesForexMarketsbritish pounddollarPound
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