US sells $20 Bn of 4-week bills at 0.010%

According to Paul Robson, Senior FX Trading Strategist at RBS, “Nothing in price action last week to change our longer-term EUR/GBP view that this cross will continue in a range bound fashion for the remaining six weeks of this quarter. Support is strong around 0.8420 and short term resistance at 0.8590/0.8604.”