Sits at 1.5818, exactly where it was when I arrived.
I’ll be a little surprised if this tranquility lasts long.
We have talk of general month end interest to sell dollars (buy cable)
We have talk of ongoing fix demand for cable (as heard yesterday) related to dividend payments
On the negative aide, we can reasonably expect some European central bank demand to buy the EUR/GBP cross.
How I hate month end.
Buy orders seen clustered 1.5780/90 sell stops below.
Sell orders clustered 1.5840/55. Not sure where buy stops gathering to be honest.
