EUR/GBP is extending it’s early rally, presently at .8785. From here, next resistance comes at .8795/00.

As mentioned earlier, comments from ex-IMF economist Simon Johnson, increasing spectre of hung parliament, and downbeat BCC survey are not helping sterling’s cause.

Elsewhere cable is all over the shop. Earlier tripped stops through 1.5550 before rebounding strongly from session low 1.5536. Presently sits at 1.5570.