GBP/USD is having a word with 1.6600 while EUR/USD is strolling up towards 1.3300 but running out of steam at 1.3286.
Given the range today it’s not exactly awe inspiring stuff but a break up through the respective big figures may see some short covering gain some pace.
The pound has found resistance at 1.6600 since falling below and the next main resistance is around 1.6650/55 but be alert for some at 1.6630 should we move higher.
GBP/USD 15m chart 21 08 2014
If the market is really getting itself all hyped up for tomorrow it’s going to lead to some very volatile moves as there’s no way it should be getting this excited.
