It's been a good 24 hours for GBPUSD.
Yesterday I reported month-end USD sales with cable being a large beneficiary and now the dovish tones of Aunty Janet have helped push the pair through decent offers at 1.4400.
Next layer is at 1.4420-25 with more at 1.4450 then strong sell interest into 1.4500. Seems a little churlish to stand in the way of this move for the moment though. Sellers will be advised to be patient but overall I can still a retracement lower again.
Elsewhere EURUSD is holding gains above 1.1300 with the next target 1.1330. Talk of stop-loss buy orders lined up if 1.1340 is breached.
