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GBP/USD is trading at 1.4921 up 0.0092 Thursday morning. Trading is somewhat firm and steady. The G-20, World Bank and International Monetary Fund (IMF) Spring Meetings are taking place and many comments will be coming from the various monetary and political figures at the meetings. Chatter about U.S economic data due out this morning is just beginning. Overnight Members of the Royal Institution of Chartered Surveyors (RICS) Housing Price Index was released and showed 21% of surveyors reported housing prices up in March. UK unemployment is due at 04:30 AM ET on Friday.
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