FXstreet.com (Jakarta) - The Sterling (GBP) had another volatile day although it was in a relatively tight range for the Pound. Strength at the start of European session was reversed as news of a major sale of Barclay shares from Qatar did the rounds. September Public Sector Net Borrowing forecast at 15.3bn came in at 14.81bn slightly better.
Overall the GBP/USD traded with a low of 1.6329 and a high of 1.6489 before closing the day at 1.6360 in the New York session, said Easy Forex Team. Looking ahead, October BoE Minutes forecast at 9-0.