Currently 1.2173 just off fresh 7-week lows of 1.2165
Still also capped by EURGBP demand and GBPJPY supply
UK Budget speech today from 12.30 GMT. Hot air usually but takes on new interest this time with a potential look at the UK's posyt-Brexit financial planning.
Still core short and happy to sell rallies still.
Offers: 1.2185 1.2200 1.2220 1.2250-55 1.2285 1.2300 1.2320-25 1.2360 1.2400
Bids: 1.2165 1.2150 1.2130 1.2100 1.2075 1.2050 1.2030 1.2000
