Currently 0.8782 near session highs
Yesterday I highlighted the pivot area around 0.8765 but the initial break of that was a false one as GBPUSD found buyers below 1.4200 before then holding 0.8750. Since then it's been feeling the general love for all things euro and now posting 0.8789 highs. That demand has helped cap cable as usual.
Dip buying still the way to go for me but we're ranging overall so take your pick with res/offers nearby.
Offers: 0.8800-05 0.8820 0.8035 0.8850 0.8880 0.8900
Bids: 0.8750 0.8735 0.8720 0.8700 0.8685 0.8650
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