Currently 1.2860 having had its own rally capped at 1.2868 but supported on EURAUD buying. Draghi testifying will loom large as we head to 13.00 GMT

Sellers1.2875-85 1.2900 1.2925-30 1.2950 1.2975-85 1.3000 1.3025 (stops above) 1.3035 1.3050-60

Buyers 1.2850 1.2825-35 1.2800 1.2785 1.2750 1.2725 1.2700