I highlighted both levels again earlier and we’ve now seen 1.5752 and 0.7910 trade and hold in GBPUSD and EURGBP

Pound still looks offered to me and I expect these levels to break but we’ve come a long way in the last 24 hours and understandably should express some caution here.

Take some short GBP positions off the table because you’ll kick yourself if you don’t and these key levels hold, but both pairs are showing little sign of retreat at the moment.