GBP/USD down 35 pips to 1.5312

The US dollar is trying to get some traction after a slide yesterday. It's having some success against cable.

GBP/USD quickly fell to 1.5312 from 1.5345 in the past few minutes. There are no headlines behind the sudden selling and the pair easily broke below the earlier low of 1.5321.

The orderboard shows bids at the bid figure and then 1.5280.

Before today, the pound had risen for three straight days. Technically, the 1.5260 low from yesterday is a target with very little support protecting it.