It's been underpinned all session and now a further rally in EURGBP has broken the back of GBPUSD
I highlighted the 1.4985 in an earlier post as did Ryan and it held on first time of asking as EURGBP stalled at 0.7240 offers
Another wave of buying though has taken out the next layer of supply at 0.7250 to post 0.7259 sending cable down to 1.4971 just ahead of the next layer of bids/support at 1.4965
Stronger offers lay ahead between 0.7275-80 with more cable bids at 1.4950
I remain a GBP rally seller
