GBPINR trading range for the day is 85.74-86.62

GBPINR trading range for the day is 85.74-86.62. GBP dropped after an array of data from Britain and the US, and ahead of the Federal Reserve policy meeting and the decisions of BOE policymakers later this week. Investors cautiously adding some long bets at the start of a week when Britain and the EU will sign off on a deal to move to the next stage of Brexit talks. UK data showed the Rightmove house price index down to 2.6% from a 0.8% decline in November.

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