What a difference an hour makes eh?
Seems like only a few moments ago I was highlighting the strength of these two in my wrap as markets got excited prior to the Minutes' release
False hope can be a dangerous thing and the Minutes in both cases has confirmed my dovish view on both BOE and ECB
GBPUSD now testing decent support around 1.5275-80 from 1.5372 highs and EURUSD 1.1248 and seemingly on its way back to session lows we saw first thing at 1.1235
Good two-way business and lessons to be learnt from trying to second-guess
This could all be reversed again later though when the Fed takes their turn to disappoint the interest rate bulls