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A week ago sterling was looking good. Following promising numbers about British economy were announced, the pound increased in strength against USD and EUR. But poor housing numbers caused the pound to drop again. Traders remain lacking in confidence around the UK, due to the large debt problems of the nation. Brokers on the currency exchange remain panicky around the pound and shall likely remain so until the national vote happens in a few months. It is predicted that there wont be an obvious winner which is also negative news for the UK.