The sell-off in GBPJPY is still having a knock-on effect elsewhere and with cable coming down through 1.6400 we’re seeing EURGBP test strong sell interest at 0.8400.
We’ve been up here a couple of times recently and held both times so the level becomes more crucial now.
Stop loss buying above 0.8400-10 as per the orderboard
Bids at 0.8380 0.8365
Currently 0.8393 after 0.8398 highs so far on this move
EURGBP orders H1 Dec 11
