EUR/GBP has rallied over .8800 to .8820 as the Chancellor continues his address to Parliament. It stood around 8795 when he stood up. Cable is slipping back, presently at 1.5720 with large Swiss bank out of Zurich notable seller in recent trade.
UPDATE: Hedge fund seller of EUR/GBP up around .8820. We’re touch lower at .8812. This is a follow up from hedge funds buying cable below 1.5700 earlier this morning.
