Not so proud looking pound hovers around 1.6400/10 with a recent low of 1.6394., the move slowed by euro sterling shying off the 0.8800 level. Stops now reported on a break of 1.6390, but the wobble may not be over yet, if the cross makes a clean break up through the 55 and 50 day MA’s at 0.8789 and 0.8798….