|Net Non-Commercial Positions
**GBPUSD OUTLOOK: Bullish with caution**
Sterling continues to win but is now finding its feet at the 1.7000 level. Mark Carney continues to sweet talk the market and promising the market some movement in interests sooner than expected, however with a meeting with the government this week, he did end up with egg on his face as once again he retract another comment he has made previously. Cautious does need to be exercised with this pair and it is at level which haven’t been seen in such a long time.
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