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EURGBP TECHS

Sharp Reversal Lower

US TSY OPTIONS

30Y Weekly Midcurve Calls

FED

Reserves Set To Top $4T Again

GBPUSD TECHS

Gains Considered Corrective

FED

Reverse Repo Operations

Short sterling strip ticks higher,...>

SHORT-STERLING
SHORT-STERLING: Short sterling strip ticks higher, curve flattens as annual UK
GDP is revised down to 1.5% from 1.7%. While index of services shows a surprise
contraction and mortgage approvals slip as well. Traders saw Dec7 contract being
bought on screen at 99.465 in 10k.