The morning's slide in the pound has largely been retraced
By and large we're back where we started at the beginning of the European session. The fact that the quid has been the main mover today while all else is asleep adds weight to the reasoning that this was purely some squaring and month-end flows with a bit of Morgan Stanley interference thrown in
Now we've watched the downside, it's time to watch the upside
GBPUSD 15m chart
1.5130/35 is the level to watch above here, followed by 1.5150
I wouldn't be surprised to see it going sideways in a tight range like everything else now
