Currently 1.4061 after failing into 1.4100 yet again
Offers/res around 1.4100 holding again for good selling opportunities with decent demand below 1.4050 for the dip buyers. Yesterday I highlighted good demand at 1.4000 and we stopped at 1.4014 before bouncing all the way back. I hope some of you took heed.
Great markets for jobbers and frustrating for those looking for bigger moves but hey, if you could buy at 1.4015 and sell at 1.4095 (or vice versa) every day I suspect a lot of you wouldn't be complaining too hard eh?
I prefer the GBP rally-sell plays/buying back in the dips but it works the other way too ofc.
A few option expiries at 1.4020 and 1.4100 today but nothing too large.
UK services PMI your data risk at 08.30 GMT
Offers: 1.4085 1.4100-05 1.4120 1.4135 1.4150 1.4180 1.4200
Bids: 1.4035 1.4020 1.4000 1.3985 1.3950 1.3900
