GBPUSD orders 22 May - Large option expiries casting a shadow

Currently 1.2977 after the early session tumble

GBPJPY supply and large option expiries both in play.

I remain a rally seller but great two-way business to be had still.

Offers: 1.3000 1.3020-25 1.3050 1.3080 1.3100

Bids: 1.2950 1.2935 1.2920 1.2900 1.2875-80 1.2850

Best in 2026

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