GBPUSD orders 14 March - Sellers prevailing but buyers lurking

Author: Mike Paterson | Category: Forex Orders

Currently 1.3950 having failed at 1.4000

Yesterday/previously I highlighted decent offers/res at 1.4000 on the order board  so I hope you took advantage. Twice!

Offers building again around 1.3980 ahead of the larger 1.4000 interest. Demand now building around 1.3940 then into 1.33900-200 after yesterday's spike from 1.3885


I remain a GBP rally seller until otherwise convinced.

Offers: 1.3965 1.3980 1.4000-05 1.4030 1.4050 1.4085 1.4100

Bids:   1.3940 1.3920 1.3900 1.3880 1.3865 1.3850 1.3830 1.3800

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