GBPUSD volatility forecast for April 14th 2011

As it was informed by "Market Leader (US)"

GBPUSD volatility forecast for April 14th 2011

The currency pair is still being traded within a narrow price range (1.6327 - 1.6232). Yesterday’s data on the UK and US didn’t cause any momentum to break out of the range. Besides, the volatility at the height of yesterday’s trading session declined down to last week’s lows.