We’re having another look towards the days lows at 1.6059, currently at 1.6069 and light stops have been suggested to be in place on a break of 1.6050 where buy orders await.
A move down will bring yesterdays lows into focus at 1.6010. The pound seems to have found it’s comfortable range for now, being the 1.5880/90-1.6260 levels so playing the edges while the volatility is in the other majors looks the way forward for now.
GBP/USD daily chart 08 11 2013
