Stops have been tripped through 1.5400 and we’ve been as low as 1.5387 so far. Presently at 1.5394.
Russia has been notable seller of cable this morning. Them and alot of others, as realisation dawns that the UK could be in for a rough old time going forward. Go figure.
Some supports of note:
1.5350 (psychological) 1.5335 (July 21 high) 1.5322 (38.2 fibbo retracement 1.4228-1.5999)
Where’s the Reserve Bank of India when you need them.