BROADCASTS.com

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Sterling has been standing proud of late and continues to grind higher against most of its rivals. The recent strong PMIs have underlined the optimistic case for the British economic outlook and it is a clear the wind is in the sails of Sterling and many are now expecting to see 1.44 against the dollar coming over the horizon. Data is thin on the ground this week with only UK public finance numbers being released tomorrow and any impact should be limited.