GBP/USD Moves Down

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GBP/USD is trading at 1.5394, up 0.0069. The Bank of England made no change in Monetary policy today. The Central Bank left its bank rate at a record low 0.5 percent and asset purchases were kept at the same levels; No statement came with the decision. Chatter about U.S. economic data this morning and U.S. payroll data due out Friday is making the rounds. Next week the British Retail Consortium will release its year-over-year Retail Sales Monitor survey.
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