GBPUSD has failed to hold gains back above 1.3300 13 July 2016
It was a back foot session for the pound as markets got underway with traders taking some money off the table ahead of the BOE rate decision/voting tomorrow.
Equally impressive rally back from 1.3220 to 1.3305 only to run out of steam again and now post 1.3260.
Great two-way business to be had for the intra-day trader as I highlighted earlier and I expect that to continue. Sharp turns on occasion but very tradable for those keen to do so.
I still prefer to trade from the short side ( no surprises there!)