A pair of UK clearing banks have been seen selling GBP, both against the dollar and the euro. Stops have been triggered on the break below the 1.8300 level, taking the pound as low as 1.8283 so far. There is nothing new that we are aware of in fundamental terms working against the UK, though the economy there is clearly struggling and has been for months. EUR/USD is being dragged lower in sympathy with cable while USD/JPY is nearing a concentration of sell orders laddered between 110.00 and 110.25.
Have a pleasant afternoon chaps. Off to try and squeeze in some time with the family.
