Gravity hits GBPUSD after failing to break the upside
It's a familiar pattern for cable traders. You get a decent rise and then watch it all unfold twice as quickly
And so cable is looking at yesterday's lows once again and it's looking an important level
GBPUSD 15m chart
Should we pop the level we then find support next around 1.5350 and 1.5338/45
EURGBP is benefitting from the fall in the quid to rise up to a sticky area between 0.7350 and the stronger 0.7375
EURGBP H4 chart
We keep poking and poking at the 0.7375 level and if we poke enough times, something usually goes pop
