Despite a recovery in EUR/GBP over the last few hours on the back of some corporate buying. Offers start from 1.5865, 1.5905 and 1.5980 with key support at 1.5780. A close below here could target 1.5650.

Offers in EUR/GBP are up at 0.8605/10, 0.8645, 0.8690 (200 day MA =0.8694). Support now down around 0.8530 and 0.8480

GBP/USd at 1.5865 and EUR/GBP at 0.8589