Sits at 1.2578, totally unchanged from when I dragged myself downstairs to my office at some ungodly early hour (I don’t really have a seperate office, I work in the lounge.)
I’ve come to the conclusion Pete gets far too much vacation time.
US Labor Day holiday today which could well crimp price action this morning barring a sizeable tape bomb.
Buy orders seen clustered 1.2540/60, light sell stops below there. More buy orders noted clustered 1.2500/10, more stops below there.
Topside sell orders gathered around 1.2600. Not sure where buy stops above there.
More sell orders clustered 1.2640/50 ahead of 1.2650 barrier option interest.
Sounds like the market’s gearing itself up for a very volatile September.
Must be time for some lengthy vacation time then
