Pulled higher by the EUR/USD rally, taking out the 1.5950 barrier, tripping some buy stops to fresh highs of 1.5977 (last seen back in mid May). Offers lie ahead of the next barrier at 1.6000.
Above here there is likely to be more buy stops with fibonacci tech resistance then coming in around 1.6060/65 from the 76.4% retracement of the April 30 highs to lows of June 1.
GBP/USD’s sitting around 1.5970
