FX:GBPUSD   British Pound / U.S. Dollar
Having two weeks off is never a bad thing but this past fortnight seems to have been even more opportune than normal, with both cable and EURGBP trading in listless fashion for the duration.

What’s also unchanged is our broadly bullish EURGBP view that sees us looking to buy dips to 0.8950/75.

However, drumming up any client enthusiasm right now is a challenge and flows and volumes are unsurprisingly well below the norm.

We’ll look toward the end of the month for this to change.

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