Pound feeling some love again 27 March
GBPUSD has decent demand/support at 1.4050 and 1.4065 as both Greg and I have pointed out in our different ways today and we're now back up to 1.4144 amid general USD supply. A good rebound albeit still a lot lower than its earlier 1.4245 highs. Sell interest/res around 1.4150 then between 65-80 should cap further rally interest
I also highlighted decent EURGBP sell interest at 0.8800 and after highs of 0.8798 driven by month-end BUBA demand we're now down at 0.8756. I hope some of you took advantage. Expect some demand/support around 0.8750 then 0.8730-35.
My work is done here again for the day. See you all tomorrow and I wish you good trading meanwhile.
EURGBP 15m