We're seeing another slap down in GBPUSD with EURGBP taking out offers at 0.7020
The demand into 1.0600 barrier defence that I've highlighted is playing out elsewhere and it's the pound and swiss franc feeling the heat again right now
EURGBP has filled decent offers at 0.7020 to post 0.7026 sending cable lower to 1.5127 so far
More EURGBP offers into 0.7030 and a few bids left around here on cable but larger demand into 1.5100 with 1.5090-95 the next significant support
EURCHF is up to 1.0850 from 1.0819 lows earlier with USDCHF needing little excuse to post new session highs of 1.0218 after holding 1.0180 support in the earlier dip.
I expect to continue seeing euro demand in the dips but note this is neither a straight EUR or USD play
