Quantcast

GBPUSD orders 13 July – Underpinned by USD and EURGBP supply

Currently 1.2931 from 1.2952 highs  EURGBP falling again has helped underpin cable as I warned yesterday and again earlier in this session. Decent sell interest up around 1.2950 as per yesterday's order board helping to cap along with EURGBP demand into 0.8820 and EURUSD falling on option-related supply.