The EUR/GBP cross is trading firmer this morning, presently up at .8650 from an early .8620.
Anticipation of the usual Bundesbank month-end demand for the cross (for accounting purposes) will be lending some support. It tends to be done on the last trading day of the month, but has been known to be done earlier.
Sources report some sell orders lined up at .8655/65. Obviously .8690/00 remains an important technical resistance area on top-side.
