European Stress test results to be announced at 5pm (London time)
City Index July 15, 2011 8:18 PM
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Sterling is consolidating between 1.6100 and 1.6300 as focus on the market is not UK-related, with headlines from Europe and the US dominating proceedings. There is no data or speeches scheduled for today so for me trade, the breaks are at 1.6095 or 1.6205 as this pair will be dragged by US data and the results of the European stress tests.
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