GBP taking some comfort as plans seem in the making to increase the contribution

  • Could add 30 to 40B € to the bill
  • FT has the story
    GBP has been holding its ground quite well today despite growth warning from IMF and others.Cable trading 1.3150 , EURGBP 0.8855 after an 0.8875 spike earlier in the day and GBPJPY 148.85 , well off the 148.44 low of the day in this stronger JPY on the back of lower equity markets environment .


Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

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