EUR/GBP at .8475 is sitting pretty much where it was when Europe started out this morning. Trading has been confined to a narrow range so far as the market awaits BOE, ECB rate decisions.
There is ongoing talk of Middle Eastern buy interest lying in wait down at .8450 and then .8425 according to Sean.
Sources meanwhile note some sell orders up at .8500. Guess one set of interest will be filled after the BOE rate decision/QE announcement.