Talk of Asian sovereign buy interest down at 1.3170/80. Talk of sell orders clustered 1.3220/30. We sit at 1.3200 presently. Roll on Christmas…..

Thought we might have had a decent go on the downside this morning. Silly me, what was I thinking?

Elsewhere cable steady at 1.5780. Talk of buy orders clustered down at 1.5750/60, stops through 1.5740.