Currently 1.2497 near session highs
Still good two-way business to be had with GBPJPY and EURGBP prime movers again.
Option expiries also containing range.
UK jobs/wages data at 08.30 GMT might shake it up a bit.
Offers 1.2500-05 1.2520 1.2550-55 1.2580 1.2600 1.2620 1.2650
Bids: 1.2480 1.2465 1.2450 1.2430 1.2400 1.2380-85 1.2350 1.2330 1.2300