Currently 1.2344 after an early dip to 1.2325
Expect more two-way business and I continue to play from the short side.
UK retail sales at 09.30 GMT
Offers: 1.2380 1.2400 1.2420 1.2450 1.2475-80 1.2500 1.2520 1.2550
Bids: 1.2320-25 1.2300 1.2280 1.2250 1.2230 1.2200 1.2185 1.2150 1.2100