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GBP Finds Support on Rise in Exports...

posted by Avatar DailyFX 861 days ago in EUR, GBP, Fundamental

The British Pound surged nearly a 100 pips as the U.K trade balance shrank in November as exports reached the highest level in over a year. The trade deficit contracted to -6.75 billion from -7.0 billion as a weaker sterling and an improving global economy spurred demand for British goods.
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