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Sterling remains defensive in early NY,....>

STERLING
STERLING: Sterling remains defensive in early NY, printing multi-month lows.
- GBPUSD touched $1.2445 which coincides with the 1.618% swing target of
$1.2481-1.2540. Further support is located behind at $1.2441/39 from the Jan 3
ytd low & 76.4% retracement of $1.1841-1.4377 at $1.2441/39.
- EURGBP printed Gbp0.8999 with strong resistance seen at Gbp0.90.
- GBPJPY eased to Y135.43 with near-term support at Y135.17 from the Jul3 low. 

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