It’s certainly not in free fall so far this morning, dropping only a few pips from when I first sat down a couple of hours ago but now we’re down through the recent 1.6220 support the next test is a layer of bids between 1.6200-10
Currently on the lows at 1.6208
EURGBP has been up to have another look at the 0.7980-85 offers and both stand delicately poised as Europe gets underway
UK inflation data coming at 08.30 GMT
