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The story in FX this morning

GBP
Story this morning is on the British Pound, testing initial area at 0.8829-0.8826 in EURGBP, up 0.4% versus the EUR.
  • Cable, 1.3750 looks too close not to be tested, up 0.64% on the session.
  • Gilts although flat, are better offered, GBP move and ahead of GBP3.25bln of the 0.125% Jan-24 gilt on offer.
  • Support in Gilts comes at 134.07 Low Jan 14

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