GBP/USD flat-lining around 1.5500

The sterling is extending its flat-line pattern since yesterday afternoon, with the GBP/USD hovering over the key level at 1.5500...
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Flash: EUR/USD - The Eurozone recession is over - welcome stagnation - Societe Generale

Kit Juckes, Global Head of Currency Strategy at Societe Generale notes that the biggest data surprise yesterday however was the jump in German industrial production, which has forecasters all excited about a bounce in Q2 GDP.
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