GBPUSD had a couple of looks above 1.2910 yesterday but now lower 22 Aug

It's an area I've been highlighting for a while and been happy to sell into.

Currently 1.2882 after 1.2916 highs yesterday we should expect some support/demand down here between 1.2875-80 as I also highlighted in a previous post.

Good two-way business still and ranging until this new tighter span is broken.

More bids/support into 1.2865 and more remaining around 1.2850. On the topside a break of 1.2930 should trigger a quick look at 1.2950-80.

I continue to play with a short bias but if any USD weakness is sustained I'll switch my focus back to EURGBP longs or GBPJPY shorts.

GBPUSD 15m