EUR/GBP has had a very solid session, underpinned by UK demand since early in the US session. Warnings on UK bank health (or ill-health) juxtaposed versus upbeat comments from the EC that the worst has passed are helping from a fundamental perspective, but the move has been flow-driven, from what we can gather.

Resistance begins at 0.8827 and is layed up to 0.8840. No surprise, 0.8850 barriers are rumored. We trade now at 0.8825.