Cable stops through 1.6010 have been duly tripped and we’ve been as low as 1.5984 so far, presently at 1.5990. Sources say prop desks notable sellers in recent trade.
GBP/CHF down at 1.5540. One thing I’ve learnt over the years; doesn’t pay to go against swiss private banks, one in particular. Funny old world.
European exporter buying has been seen in EUR/GBP, the cross up at .8455 from session low .8423.
