It's turned into a USD positive session with GBPUSD taking the biggest hit
Goldman Sachs impressive Q2 sees Dow futures turning positive with the DXY ( USD Index) already ahead of the curve and up to 4-month highs.
GBPUSD has now broken down through decent support between 1.3150-60 and accelerating a move to 1.3128. EURGBP still has offers around 0.8405 and that has helped push EURUSD down to session lows of 1.1024.
Large option expiries on cable at 1.3200 now seemingly out of play but keep an eye on price action closer to expiry time of 14.00 GMT.
USDCAD and USDCHF both enjoying the ride higher while AUDUSD is testing support/demand around 0.7485 again,
US housing data out at the bottom of the hour.
