Initially, the sterling slided yesterday after Fitch's comments over the AAA rating downgrade, if the UK government doesn't reduce the public debt. The cable eventually regained a large part of its losses, waiting for the employment results from the UK. The inflation report will be published today and the 2010 GDP forecasts could be revised lower, which would prompt the sterling selling.We add a chart with the sterling's situation, as we wait for the news from the UK at 10:30 CET.

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