A bit of a dull afternoon springs to life at the London fix
A quick 20 odd pips added as we cross 16.00 GMT and the fix sends cable to 1.2359.
GBPUSD 15m chart
EURGBP follows the GBP move by dropping to 0.8400 from 0.8420.
Elsewhere, currencies are largely treading water with traders noting a lack of liquidity, or any effort to push things around. USDJPY is following Us bonds and the euro is still trying to reclaim 1.0390.
Expect more of the same as the week unfolds and the falling liquidity can see the fix can throw up moves that it wouldn't usually.
