Talk of month end buying, despite the efforts of a UK clearer which Gerry mentioned earlier, has shunted the cross through the 0.8600 barrier to a recent 14 mth high of 0.86065. Next pocket of resistance is seen towards 0.8615/20 (highs of Dec 2011 ahead of 0.8665 which was the high of Nov 22 2011.

Cross currently sits around 0.8598