• Large option-related stops reported below 75.90, 75.75 and 75.50
  • Barriers at latter two levels, with strong bids ahead of each
  • Corporate sell orders starting at 77.10

One interbank dealer tells me that this pair will trade at 70.00 before it trades at 80.00 but personally I find it impossible to garner any sort of feel in a market that is trading sideways.