GBPUSD is starting to look a little tired after its big climb up the hill yesterday.
Early trading saw attempts back at 1.5550 but failed, and now it’s back down at 1.5532.
Buying interest seen at 1.5520-25 with stop loss selling expected below that to run down to 1.5500
EURGBP still looks wanted at 0.8475 and is adding to the pressure on cable. There is an option expiry again today at that level and there is talk of more demand in the fixings, but sellers seen on rallies between 0.8485-0.8500. Strong buying interest at 0.8440 now.
