GBPUSD orders 12 Oct

Currently 1.2295 in a rush after earlier lows of 1.2220

I highlighted in my post that we might run into some demand/profit-taking down there. EURGBP sellers around 0.9035.

Focus remains on, FOMC Minutes, Brexit and today's parliamentary debate but no news bomb in last period behind this rally.

Offers: 1.2325-30 1.2350 1.2380 1.24001.2430 1.2445-50 1.2480 (strong) 1.2500 (strong)

Bids: 1.2260 1.2220 1.2200 1.2160 1.2100 (strong) 1.2085 1.2050 1.2000 (strong)

Best in 2026

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