GBPUSD orders 7 March

Currently 1.2211 just off earlier 7-week lows

Also capped by EURGBP demand and GBPJPY supply as Brexit and early election talk concerns prevail.

Still core shorts and looking to sell rallies still. 1.2255-1.2285 now presents resistance with more around 1.2300-20. Immediate demand into 1.2200 then 1/218-

Offers: 1.2250-55 1.2285 1.2300 1.2320-25 1.2360 1.2400 1.2430 1.2450-55

Bids: 1.2200 1.2180 1.2150 1.2130 1.2100 1.2075 1.2050

Best in 2026

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