Pound getting a boost as EURGBP pressure prevails again 14 July
It's been threatening it for most of the morning with EURGBP rallies capped into 0.8815 and GBPUSD holding retreats into 1,2950 and now posting 11-day highs.
Seems like it's needed NA desks to come in and give it all another shove.
I posted on it earlier here and said I had misgivings about remaining long EURGBP.
More support expected into 0.8780 and cable offers/res between 1.2980-00.
Currently 0.8796 and 1.2977 with EURUSD still holding on at 1.1416.
EURGBP 15m