
Cross pushed above Monday's highs into US dealing
in the stg0.8050 area, with the cross able to press on to stg0.8079 at
time of writing. Resistance now comes at the 76.4% retracement of the
fall from stg0.8193-stg0.7813 at stg0.8103, with the tone
said to remain positive while the rate holds above the daily moving
averages.