EUR/GBP down to session low .8505. Cable has spiked back up to 1.5600.
Sources report that a large parmaceutical company has had a decent interest to sell the EUR/GBP cross in recent trade. Apparently it’s related to dividend payments.
Elsewhere EUR/USD sits at 1.3275, so far buying ahead of aforementioned 1.3250 barrier lending tenuous support.
UPDATE: EUR/GBP slips under .8500, presently at .8495.
Next tech support cited at .8485, the November 10 low.
