Hold on tight could be a rocky ride today. That’s British understatement by the way.
Aforementioned stops through 1.3285 tripped in early European trade and we’ve been as low as 1.3265 so far, presently at 1.3275. Next batch of stops on downside seen through 1.3245. Yesterday they were being labelled “decent sized”
I guess we’ll probably see Middle Eastern sovereign buying at some juncture and possibly Asian as well, so could get choppy.
