It appears the month-end order by the BUBA to get in some EURGBP for UK contributions is not yet finished
Not quite sure why it's taking this long to complete ( if indeed it's month-end related) as it's normally a standard deal, but that's the talk out there. Any further info from our large desk traders welcome
Currently 0.7210 with offers into 0.7230 capping so far
Offers 0.7225-30 0.7250 0.7265 0.7285 0.7300
Bids 0.7200 0.7180-85 0.7165 0.7140 0.7120 0.7100 0.7085 0.7065 0.7050