The pound is still under pressure but there's a few buyers around for the moment
Bids/Support at 1.2750 holding so far with lows of 1.2757 and now up around 1.2780.
The pair is getting a little help from EURGBP which is struggling to hold fresh 3-year highs above 0.8750
Expect offers/res into 1.2800 now given its pivotal role this morning. More stops below 1.2750 as per the order board
UK construction PMI coming out at 08.30 GMT