GBPUSD orders 22 Sept - May's Brexit speech grabbing attention

Author: Mike Paterson | Category: Forex Orders

Currently 1.3566 with rallies again capped by EURGBP demand

Buyers nearby into 1.3550

Focus today is on the over-hyped speech from PM May on Brexit at 13.15 GMT not 19.00 GMT as per the data calendar

I'm not expecting major GBP reaction given it's essentially an exercise in political one-upmanship, and frankly won't care as I'll be driving down to the coast, but let's assume the algos will be poised to jump on any key words so do have your preferred entry and exit levels ready.

The BBC has more than you'll ever need on the speech here

Offers:  1.3585 1.3600 1.3620 1.3650 1.3680 1.3700

Bids:   1.3550-60 1.3520 1.3500 1.3470-75 1.3455-60 1.3430 1.3400