Stop me if you've heard this one before 1 Dec
Comments just out from UK fin min Hammond have sent the robots into buy-mode again and we've seen GBPUSD post 2-month highs of 1.2695 before running into fresh sellers.
Extra impetus given once again from EURGBP falling further to 0.8370 as EURUSD stays pinned around 1.0620 with less than an hour to go those options rolling off.
Currently 1.2683 and 0.8378 I've re-entered into a small short above 1.2690 but with the same sentiment as an earlier play into 1.2650 where I said I'd be buying back if we didn't hold below 1.2620-30, which we didn't.
A case of rinse n repeat but no doubting the great two-way opportunities to be had on GBP pairs right now.
