Stops below 1.3070 have been tripped off and we’ve been as far as 1.3062. Technical support lies at 1.3055 while barriers are rumored at 1.3050. Expect heavy stop-loss sales below 1.3050.
Small sellers are eyed at 1.3080/85 near-term.
UPDATE: Fresh lows at 1.3060 hit at 15:17 GMT.
