Got a high of 0.8501 and by the looks of the price action may not be the high just yet.
I’m not liking the price action in the other sterling pairs either.
GBP/USD took a hefty slap down from just shy of 1.5160 and GBP/JPY also got a smack down to 155.60 from 155.87.
It will be a sign of the pounds resolve if we manage to claw back up once again. If we don’t then there are obviously forces around that have an interest in selling sterling rather than just general market movements.