Currently 1.2342 after holding 1.2330

General USD demand coupled with EURGBP ramping up through 0.8425 offers/res to post 0.8434 before running out of steam.

Offers: 1.2380-85 1.2400 1.2425-30 1.2450 1.2485 1.2500-10 1.2530 1.2550

Bids: 1.2325-30 1.2300 1.2285 1.2250 1.220-25 1.2200