GBP/USD rebounds, rises toward 1.5700

A decline of the US dollar across the board pushed GBP/USD again toward 1.5700. The pair was able to erase all losses and recovered after falling sharply during the European session following the release of a lower-than-expected retail sales report in the United Kingdom.
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US Dollar plummets below 96.00

The offered tone is now picking up pace around the greenback, dragging the US Dollar Index, to session lows in sub-96.00 levels...
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