Currently sitting around 1.6245 ahead of this morning’s 0830 GMT inflation release where the market expects a m/m rise to 0.5% in August from 0.1% in July.
A strong number could test the 1.6275 barrier and further resistance lined up ahead of 1.6300, but the going looks heavy for now…
EUR/GBP’s continuing a steady slide after failing to hold above 0.8100 yesterday trading around 0.8068, but there are layered bids from 0.8050/55 down to 0.8000 to grind down…
