I've highlighted this key level a few times now
Most recently I mentioned it again earlier in this morning's orderboard and we've now been down to test it again after failed attempts last week too
Low so far 0.7339 which drove cable up to 1.5482 but we've got a double whammy of offers into 1.5500-10 and bids at 0.7330-35 which has now seen a move back to 1.5465 and 0.7344
EURGBP offers now at 0.7350-55 then 0.7375-80 with cable bids at 1.544-45 then 1.5425
Once again the correlation is in progress and either pair could be even more pivotal on the other
I don't expect either level to break without a big fight, if at all today, but get ready for some accelerated moves if we do
