EUR/USD has dipped into the 1.39-teens after the disappointing jobless claims data. US share prices have turned lower as well, as have JPY crosses, so it looks like we are playing the risk aversion game.
Cable is finding buyers on dips now to the 1.6250 area after sliding earlier in the day.
Keep an eye on yesterday;s spike low in EUR/USD at 1.3890. Small stops are clustered below that level.
