Stg recovers vs dlr, euro in technical bounce
* Sterling recovers from one-week low vs dollar
* Sentiment still negative after BoE chief's QE comment
By George Matlock
LONDON, Nov 13 (Reuters) - Sterling recovered some of its one-week losses against the dollar and two-week losses against the euro on Friday in a technical bounce.
The pound hit a one-week low against the dollar on Thursday as investors absorbed comments from the Bank of England governor the previous session. It has since recovered, although analysts said sentiment towards the currency remained negative.
"There is a small reversal in favour of sterling this morning but sterling has been and will remain volatile because of the continued uncertainty on the British economy and monetary policy," said Geraldine Concagh, economist at AIB Group Treasury in Dublin.
She said that with the session devoid of UK data or other event risks, the focus for the pound might be the euro zone gross domestic product data at 1000 GMT ECON.
"All we are seeing is a (technical) bounce in sterling today," she added. Technical charts also bore out an uncertain road for sterling. Continued...



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