GBPUSD orders 9 Oct - Brexit and BOE still the drivers.

Author: Mike Paterson | Category: Forex Orders

Currently 1.3109 after 1.3124 highs

Delicately poised after last week's fall. Talk circulating about a miscalculation on UK inflation by ONS giving some support earlier on but sellers poised. Interest building between 1.3125-30

May speaking in parliament  around 14.00-14.30 GMT to give MPs a Brexit talks update. Not expecting anything new but the usual peacock-suiting. I'll post a bit more on it shortly.

The board warned on Friday of the decent support between 1.3000-20 and I took some money off the table around 1.3030-35. I'll look to re-sell some 1.3125-55 or if current demand fades but no need to rush back in for the moment.

Offers:  1.3125-30 1.3150-55 1.3180 1.3200 1.3230 1.3250 

Bids:    1.3080 1.3065 1.3050 1.3020 1.3000 (stops if broken) 1.2980 1.2965 1.2950