After their moves higher early in the piece, the EUR/USD and the Cable have drifted lower with the EUR/USD threating to break back below the 1.2600 level. The AUD/USD has also been pulled lower but should find support in the 0.6350/50 region whilst soverign names remain on the offer at the 0.6450/60 region.
The USD/JPY has been unable to take care of the offers above 98.00 and pulled back and risks a move back to 96.50.