Pound falling further but it's not the only casualty 14 March
General USD demand has now seen USDJPY back above 115.05, USDCHF to 1.0097 and EURUSD down to 1.0637.
The pound's had another thump though with GBPUSD breaking down through the 1.2150 support I highlighted accelerating further falls to 8-week lows of 1.2124. EURGBP has posted 0.8774 just ahead of 0.8780-85 offers/res. GBPJPY has tested 139.50 before finding a few buyers and stopping the rot for the moment. Expect USDJPY sell interest into 115.20.
AUDUSD has posted 0.7550 but expect the range to be pinned around here with large options rolling off today at 0.7545. Plenty of EURUSD option interest too.
