News Headline Summary

Market talk that the latest upside in GBP/USD is attributed to two UK clearers on the bid in the pair - Unconfirmed; trades 1.5316 last (+60 pips)

'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:

- GBP/USD has now broken above 1.5300 to the upside and EUR/GBP testing 0.8600 to the downside with strength in the GBP currency.

Print 12:51, 22 Feb 2013 - FX Flows - Source: RANsquawk