The pound is an underperformer today and has drifted below 1.5100 from above 1.5157 early in European trading.
Demand stretches from spot at 1.5095 to 1.5080. There are bids at 1.5065 with more in the 1.5050-60 range. Stops are below 1.5040.
The major level is last week’s low of 1.5015 and there is talk about a barrier at 1.5000.
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