It was waiting for the wrap to finish, some things never change
We have seen a high of 1.1218 , filling offers noted earlier at 1.1210-15 More ahead at 1.1235-40
Cable has clawed back early losses ( who mentioned a nasty covering rally Bud) having traded as high as 1..2856 to date
Looks like the day traders who went short have been squeezed again in the Yen crosses
