GBPUSD orders 10 Oct - Jury's still out

Author: Mike Paterson | Category: Forex Orders

Currently 1.3174 with sell interest lurking again

Yesterday's warning to you of decent sell interest between 80-00 proved timely and as I finished my shift here we slid steadily back to 1.3125-30 giving me a chance to get my morning losses back thankfully.
 
So let's see what happens this time. Seems to be some underlying demand atm with EURGBP nudging lower.  I'll be inclined to re-sell around 1.3200 but will see how we play out after the raft of UK data at 08.30 GMT

Offers:   1.3185 1.3200 1.3225-30 1.3250 1.3280 1.3300

Bids:     1.3155-60 1.3130 1.3100 1.3080 1.3065 1.3050