GBPUSD in focus: Option levels in play
GBPUSD holds 1.2800 support
The GBP is pressured after the BoE dovish twist. The GBP is supported by a Conservative lead in the polls. Tow forces, one a push and one a pull.
The battleground for these two? 1.2800
Price is at daily support at 1.2800 and there are a couple of options in play for the NY cut at 1500GMT.