I mentioned earlier that bad news was probably factored in anyhow but the lack of any weaker than expected reading has seen a few buyers on a relief rally

GBPUSD has tried to chew through offers into 1.6060 posting 1.6057 from 1.6030 while EURGBP is still clinging to bids around 0.7880

I reckon we’re going to frig around for a while but I still see GBP rally sells as the way to go ( shock). Not a lot of value here though