GBPUSD orders 26 March - GBPJPY in play again

Currently 1.4184 after 1.4188 session highs

GBPJPY still playing out both ways but currently providing support as talk circulates of China being prepared to talk to US on trade issues.

Brexit-led support prevailing too after last week's EU summit. Month-end EURGBP demand on the horizon might help cap.

Decent offers/res initially at 1.4200 then post-BOE knee-jerk highs around 1.4220. Demand building around 1.4150 with larger interest between 1.4100-20.

I prefer the GBP rally-sell still but will remain a little cautious for the moment if this GBPJPY demand prevails.

Offers: 1.4200 1.4220-25 1.4235 1.4250 1.4270 1.4285 1.4300

Bids: 1.4150 1.4135 1.4120 1.4100 1.4080 1.4065 1.4050 1.4020 1.4000

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