GBP/USD - 1.5225.. Despite trading narrowly in Asian morning, sterling dipped fm around 1.5245/50 after BOE's Sentance warned that 'Britain may suffer a double-dip recession although that is not the most likely but it's not the central forecast' for an interview with CNBC television. GBP/USD intra-day low so far is 1.5221. Sentance also stated that UK inflation would be at target or below helped by muted wage growth.
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