I was asked earlier about GBP/USD levels for today – here they are now.

There is a Bank of England MPCmeeting and decision today, due ahead of the ECB. So just a heads up on that.

Topside:

  • 1.6070/80 and some selling even a little lower than here
  • 1.6025/35 ( selling ahead of 1.6040)

Downside:

  • 1.5985/90 some buying, with stops below but ahead of the MPC unlikley to run too hard to downside from here
  • 1.5955/65 some buying again