Looks like the big levels in GBP & EUR will live to see another day.

08/05/2013 | 16:09 GMT

GBP/USD hit a high of 1.5592.8 and EUR/USD 1.3194.9.

I decided to stick a couple of sell orders in at 1.5597 and 1.3195 but they’ve come up short so it’s back to the drawing board and orders pulled.

I’d be wary of another attempt up again today or early tomorrow as that would confirm both pairs intentions to smash the levels good and proper.

I’m now looking at shorting EUR/GBP at 0.8600, again should conditions be favourable.

I’ll be clocking off soon, so would like to leave you with this gem.

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