Currently 0.8758 just off session highs

The usual month-end BUBA demand to pay for UK contributions to EU may still help support, and cap cable, but my guess is a lot has been done already this week given the price action/sharp rallies.

One year to go until the UK formally leaves the EU so this month-end demand now has a shelf life, albeit probably through transition period too, but will be a gift that keeps on giving for a while yet.

Initial sell interest around 0.8765-70 again with more offers at 0.8785 then larger interest between 0.8800-05 still. Demand 0.8740 and 0.8720

Offers: 0.8765-70 0.8785 0.8800-05 0.8830 0.8850

Bids: 0.8735-40 0.8720 0.8700 0.8685 0.8650