Currently 0.7787 after failing into 0.7800

Dip buyers around 0.7750 holding after yesterday's retreat

Sellers poised now into 0.7800 it would appear in defence of large option today that I've been highlighting this week. Equally the other side will look to get it back above so it should help contain range

Offers: 0.7800-05 0.7820 0.7835 0.7850 0.7880 0.7900

Bids: 0.7780 0.7765 0.7750 0.7730 0.7700