Not a good session for GBP pairs 6 Dec
So, not great deal agreed on Ireland despite all the hype on Monday and in this on-going game of snakes n ladders the pound is sliding down the former once again.
Brexit min Davis not exactly placating fears in his on-going testimony just finished. Now one of his team taking over. Davis nipping off for some urgent talks elsewhere maybe?
Reports breaking now of May being on the phone to DUP leader Foster despite earlier denials.
General risk-off sentiment adding to GBP woes with GBPJPY, a favoured hedge fund pair, the prime mover once again and now sliding through 150.00 after holding on first attempt.
Lows of 149.75 now posted with GBPUSD also posting fresh lows of 1.3360.More buyers/support lined up at 1.3350 and 149.50 with EURGBP also in retreat to 0.8842 from 0.8854 highs.
GBPJPY 4 HR
Pips to be had again for GBP sellers and JPY buyers. Hurrah, but don't get greedy as we're ranging still. Just at slightly wider extremes than we've seen over past few days
