Morning all
Just seen a “drive- by” in the cross running up to the 0900 fix in London to 0.8394 from the 0.8370’s
Been told by my favourite UK clearer that it was another clearer behind the move, but stout resistance remains up around the 0.8400/10 area for now, and judging by this morning lack of momentum elsewhere, it could provide a solid wall for now. Buy stops lie just above 0.8410.
Bids sit down at 0.8350/60
We’re sitting at 0.8392
