EUR/USD: Barrier protection ahead of 1.4800, big stops below; sell orders 1.4880/00 with trailing stops above 1.4905;
AUD/USD: Sovereign bids touted at .9200/15; heavy stops below .9200; barrier protection at .9450 (light) and .9500 (heavy).
EUR/JPY: bids 132.00/10, stops below 131.75, bids again 131.00 with heavy stops below 130.40.
Cable: Sovereign bids at 1.6690 and 1.6630, heavy offers anticipated around 1.7000.
