Further to my previous post on EURGBP month-end demand I’m now hearing of decent corporate buying this morning which has added to the bid tone and given cable a further slap through 1.6965 bids to post 1.6954 so far
EURGBP currently back up to 0.7923 with 0.7925 offers still holding. A break through here should signal a move to 0.7940 and cable dropping through 1.6950 to look at 1.6930
