Currently 1.4162 having failed above 1.4180 but underpinned still
BOE in focus today but first up we have UK retail sales data at 09.30 GMT.
GBPJPY still playing out both ways.
Decent offers/res between 1.4080-00 with more into 1.4250. Demand now 1.4135 and 1.4100 initially.
I prefer the GBP rally sell still but only small short up here and happy to wait on BOE which is likely to produce hawkish tones.
Offers: 1.4180-85 1.4200 1.4220 1.4250 1.4275-80 1.4300
Bids: 1.4135 1.4120 1.4100 1.4080 1.4050 1.4020 1.4000
