We have seen some sharp moves in GBPUSD today taking us as far as the 1.6722 before strong selling pressure took us straight back down to the 1.6640, the market now waits for the rumored GBPUSD fix for the Vodafone deal. Last friday caught traders long GBPUSD. I am still short stops above the 1.6735.
GBPUSD 5 minute chart
