Currently on 1.2465 session lows as USD demand prevails

On Friday I suggested patience would be a virtue as the pair ploughed its way to 1.2674. I hope some of you got on board the sell-train again

EURGBP demand between 0.8585-0.8600 helping to keep a cap on cable.

Offers: 1.2500 1.2530 1.2550 1.2580-85 1.2600 1.2620 1.2650 1.2685 1.2700 (strong)

Bids: 1.2450 1.2420 1.2400 1.2375-80 1 .2350 1.2330 1.2300