Let’s see whether the offers are strong enough today bearing in mind the heavy offer last week was taking 400 pips profit !

If we break on the topside it will be the real test at EUR 1.2665 and 1,2700 that will direct the next range…big stops at the latter level.

Cable may still have some offers at 1.5250/80 and AUD 0.8550 has been the level for some good offers in the last two weeks