An hour can be a lifetime in forex markets

Euro demand was evident all over the place earlier in the session but now the ccy is on the back foot as EZ CPI data tips the scales back in favour of the ECB taking some action tomorrow

EURUSD down to 1.0583 sends EURGBP back down through 0.7050 pivot areas to run into the next line of defence around 0.7035

This in turn is putting a bid under cable and we're nudging back through 1.5055

Same old story and correlation. I trust you're all watching carefully

Fickle forex ? Ever thus.