Trial now
HUNGARY

GDP Contracts 2.3% YoY In Q1

EURUSD TECHS

Resumes Its Upleg

SHORT-STERLING OPTIONS

Blue put fly trades again

EUR

EURGBP trades back towards 0.8600

CABLE
MNI (London)
CABLE: Sterling sales gain momentum in early Europe, sees cable drop back to
$1.2928, after clearing below its Monday hourly support at $1.2957. Move also
sees EUR/GBP clear back above Gbp0.8600, moving back within its 1.0% 10-dma
envelope as it edged above Gbp0.8615 to Gbp0.8620. However, as has been seen in
recent sessions, sterling dips quickly attract buyers, allows cable to edge back
to $1.2940, the cross back to Gbp0.8610. Focus on Brexit developments.   
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com