GBPUSD has had another up n down morning 19 Oct
In my post after the UK jobs/wages data I highlighted 1.2330 and 1.2280 being the book-ends of the current range to expect imho and so it's panned out bar a pip or two.
Ok so Brexit-based headlines gave the pound a shove lower but GBPUSD was already finding good enough offers/res around 1.2330 and in retreat to 1.2310 albeit going nowhere in a hurry.
Now it's the other end of the range to consider and after a brief test of 1.2280 support we're back to 1.2294. Not exactly exciting ranges but great opportunities for the intra-day jobber as long as you don't get greedy.
EURGBP similarly has 0.8920-60 written all over it for the moment and currently 0.8946
