EURGBP runs into offers again after a solid session overall

Yes folks, it’s EURGBP time again and it’s been a lively session from the off with an early dip below 0.7920 turning round as cable wobbled above 1.5700-20 again

We saw a first attempt on the offers into 0.7950 retreat back to 0.7926 on the TLTRO release but since then has blown through only to cap again at 0.7955 ahead of the offers into 0.7960-65.

Currently 0.7946 as GBPUSD finds support in the dips having had a look at 1.5645 bids/support and currently back to 1.5680

Sell those cable rallies into 1.5750 still and pick up EURGBP into 0.7900 but equally for the GBP bulls the reverse is true at 0.7960-65 and 1.5640-50

Good two-trading today across the board in all pairs but the moves have been sharp. Def a session to pick levels on the outside and not get caught up within.