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GBP remains the stand out performer in.....>

STERLING
STERLING: GBP remains the stand out performer in G10 with modest gains of 0.13%.
With EURGBP comfortably below Gbp0.9000, GBPUSD currently clings on to the
$1.2900 level. Bulls will need a close above to challenge $1.2976 and provide
the first signs of stability. Support remains at $1.2846/42 (Major descending
channel, Intraday low). EURGBP failed to hold above ascending channel resistance
(Gbp0.9018), bulls will look for a close above to regain control and challenge
the Gbp0.9033 area.  

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