And EUR sellers prevail
In my previous GBP piece I mentioned that we can expect demand in the cable/pound dips and we’ve now seen cable rise above 1.5140 as EURGBP once again gives up around 0.7830 to drop back to 0.7790
Up, down, turnaround is the order of the day as continuing pressure on the euro into next Thursday’s meeting sees EUR pairs coming under pressure again
EURGBP has support/bids at 0.7785 which held yesterday’s drop while cable has a few offers at 1.5150 before larger again above 1.5180, where I shall be looking to re-sell, and the two pairs will continue to impact on each other
EURUSD has bids closeby at 1.1785 while EURJPY has support into 139.50 after the 139.44 Asian lows
Certainly seen some good and tradeable action again this morning
