Currently 1.3903 on the rise after holding 1.3870

A few buyers again for the moment as some money comes off the table but sellers prevailing overall with some GBPJPY sell interest adding to general USD demand. Ranging again though behind all the noise.

EURGBP month-end demand still can't be ruled and would also help cap rallies . Some option interest in play again too.

Plenty of Brexit noise still out there and intensifying today with the first release of the EU's legal draft of its Brexit withdrawal detailing the terms of the UK's departure.

I remain a GBP rally seller.

Offers: 1.3920 1.3935 1.3950 1.3965 1.3985 1.4000

Bids: 1.3850-60 1.3830 1.3800 1.3785 1.3765 1.3750