News Headline Summary

GBP/USD currently trades in close proximity to a touted option expiry at 1.6115 for the 10am NY cut (1500GMT); trades 1.6119 (+6 pips)

Analysis details (08:37)

- GBP/USD remains firm in early trade despite S&P revising the UK sovereign rating outlook to negative to stable, but with risk appetite driving flows away from the USD after positive data out of China overnight.

14 Dec 2012 - 08:35 - Forex Data - Source: RANsquawk

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