Order central-Tuesday

  • SNB still there for yards and yards of EUR/CHF ahead of 1.4000; stops below
  • China selling rallies ahead of 1.2350
  • 3-yards of vanilla options expire in Cable on Thursday; Could prompt rally selling, dip buying
  • Strong EUR/GBP bids in 0.8540/50 area
  • Stops above 1.2460, 1.2510; Very large, game-changing stops seen clustered around 1.2700 from medium and long-term players.

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