The session has been notable for equity market gains and euro losses but two key levels that I've highlighted have so far failed to yield
EURUSD has strong tech support/bids between 1.1270-80 reflected in the order board while EURGBP has its own strong lines around 0.7280
Solid support so far with lows of 1.1276 and 0.7280 has seen traders pick up some pips off the table to post 1.1300 and 0.7315
The rally in EURGBP has, surprise surprise (not), seen cable under further pressure to post 1.5433 before running into more bids ahead of the 7 August lows of 1.5424. Currently 1.5462
If equities remain in positive mode I would expect rallies on these three pairs to be sold still but that strong support in the dips will be tough to crack
US GDP should provide opportunities both sides and of course we have the Jackson Hole event for central bank heads starting today under the title "Inflation Dynamics and Monetary Policy". We'll be looking to feed off any scraps from the table as always
