Well that didn’t take long did it?

The buck is seeing some buying and that’s driving both the pound and euro south.

EUR/USD has been dropped off at 1.1298 but isn’t ready for bed just yet and bounces back to 1.1307

GBP/JPY is also diverging from the yen move as it tests support at 177.70/75

GBP/JPY 15m chart 29 01 2015

GBP/JPY 15m chart 29 01 2015