Or is it the other way round ? lol
As I’ve often highlighted these two pairs can be heavily involved in each others’ price action at key levels and we’re seeing it again as per my earlier orderboards with cable offers between 1.6600-10 once again providing a solid cap, and EURGBP bids at 0.7950 still intact and finding good GBP sell interest after this morning’s move lower
High/low so far 1.6598 and 0.7952. Currently 1.6588/ 0.7954. Keep an eye on both.
GBPUSD 1 hour 25 Aug
