Another good day at the office for GBPUSD so far today
General USD selling, coupled with a few stops being triggered through 1.3780 and 1.3800 sees highs of 1.3811 with EURGBP giving up above 0.8900 and falling to test 0.8880 support/demand again.
GBPUSD 15m
My guess is that we also saw some GBPJPY buying action adding to the flurry with USDJPY holding 110.50 so far. A quick spike to 152.62 from 152.20 notable.
GBPJPY 15m
GBP sellers back in for the moment at 1.3785, 0.8893 and 152.47 but I would expect dip buyers to continue to hold the upper hand for the moment. US hols today too don't forget so we can expect thin liquidity conditions to prevail.
