News Headline Summary

Market talk of offers into the 1.6200 level to the upside in GBP/USD - Unconfirmed; trades 1.6190 (+18 pips) last

- There is market talk that Middle Eastern demand has lifted GBP/USD in the recent run up towards 1.6200.

‘Market talk’ – Signifies information that has not been formally tested through traditional journalistic channels and therefore is to be treated as unsubstantiated. Any interpretation of the talk is taken at the readers own risk and is a representation of the rumours within the market place and never generated by ourselves.

Update details:

- There is also a vanilla option expiry in GBP/USD at the 1.6200 level.

Print 08:08, 17 Dec 2012 - FX Flows - Source: RANsquawk/IFR