Soggy construction PMI data just released 2 Aug
It's all going out there though with GBPJPY lower, but GBPUSD at a standstill as EURGBP takes off to test the 0.8965 outer range reaches and post 0.8970 in a rush
Not just GBP-led action though as EURUSD continues its advance in generally softer USD climate to post 1.1869 new recent highs and not seen since January 2015
EURGBP has more offers/res into 0.8980, EURUSD offers/res around 1.1880 and EURJPY at 131.50 which all should provide the next test.
Dip demand expected on any retreat though as per recent trend.
Currently 1.1860, 0.8961 and 131.33 as I type.
EURGBP has more offers/resistance lurking
