Look like some profit taking, along with some rumoured sovereign buying ahead of the NY open.
Bids in the 1.3510/15 level have so far contained a further fall, but there is talk of some stops just under 1.3500 ahead of support at 1.3484 the lows of last Thursday. Offers are likely towards 1.3580 and above at 1.3615/20
Euro’s at 1.3553
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