EURGBP once again putting a cap on cable

Don't be alarmed!

I've not come by to put the mockers on your long GBP positions, just popped in to give Greg a bit of a break whilst our other two intrepid scribblers are out and about

But hey while I'm here I thought I'd share a deja vu moment only a big figure higher on GBPUSD

Yesterday I again highlighted the close ties between EURGBP and GBPUSD with the latter being capped at 1.5300 despite being bid while the former found support after its first dip through 0.7400

And here we are again at 0.7405 after testing the 0.7370 target and GBPUSD looking bid still but failing to breach 1.5400

No rush to dive in right now but worth keeping an eye on both pairs for a clue on the other.

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