There's bigger fish to fry right now in markets
Not the greatest start to the year is it? Lots going on and I'm busy clearing out most of my charts to take a fresh view of currencies.
The pound took a small spill on the data but has rocked straight back to session highs. that's more to do with the wider moves across markets than anything else
Looking at the 15 minute chart 1.4745/50 has started to develop support after the test of 1.4700, with further at 1.4720
1.4780 looks to be seeing protection selling ahead of 1.4800 with 1.4840/50 being further resistance should 1.4800 break
GBPUSD 15m