There has been lots of buying against the 1.4400 level this morning amid reports of both central bank bids and bids from a UK clearer. Now that those bids have been filled, stops below the 1.4380 level are looking vulnerable.
Looking at EUR/USD and AUD/USD, and EUR/GBP, it looks like the market wants to undo everything it did yesterday and earlier today. Same is it ever was…
