The EUR/GBP cross has seen a sharp sell-off this morning, presently down at .8985 (up slightly from the .8970 session low.) It was interesting to see the recent bullish sterling comments from Goldmans Chief Economist Jim O’Neil and the bank’s bullish forecasts for EUR/GBP and Cable. For anyone who missed it, Goldmans see EUR/GBP at .8100 in 3 months and .7800 in 12 months, while they see cable at 1.6000 in 3 months and 1.8600 in 12 months. Time to book those Christmas hols in Florida!!!