FXstreet.com (Jakarta) - The Sterling (GBP) rebounded sharply to the 1.4700 level as the bad news yesterday was ignored and traded took profits in shorts. April CBI came out -57 vs. -54 forecast.

Overall the GBP/USD traded with a low of 1.4445 and a high of 1.4743 before closing the day at 1.4690 in the New York sesión, said Easy Forex Team.

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