FXstreet.com (Barcelona) - The Sterling (GBP) had a volatile day as selling into early Europe tested the downside before the equity rally reversed direction violently and the pair finished above 1.3900. GBP/CHF surged over 600 points.

Overall the GBP/USD traded with a low of 1.3703 and a high of 1.3980 before closing the day at 1.3940 in the New York session, said Easy Forex Team.