Heading lower with a major German Bank behind the selling i’m told.
There’s talk of sell interest into the 1100GMT fix in London this morning with dividend talk of major UK pharmaceutical name in the frame.
EUR/GBP sharply lower from 0.8598 Asia highs to a recent low of 0.8555
Initial support is seen around 0.8545/50 and 0.8530/35.
Cable’s got a nice leg up on the move to 1.6116 from 1.6065.
Cable support is at 1.6050/60, with sell stops on abreak. Offers now appearing 1.6125/30
