UK trade and production data out earlier has undermined GBP pairs again
GBPUSD currently 1.2891 just off 9-day lows of 1.2988 after wiping its feet around 1.2900 as EURGBP pushes ever higher to now take out some of the decent sell interest around 0.8850
More cable demand into 1.2800 should help contain further losses as I posted earlier but equally we should now see good supply into 1.2920 and 1.2950. Larger interest till between 1.2980-00.
NFPs the data risk at 12.30 GMT ofc.
Mirror mirror on the wall who's the soggiest of them all again today ? ( the earlier Asian yen selling notwithstanding but nothing happened since in Europe)
