GBPUSD tests 1.3900 after blowing it at 1.4000

Everything the pound does it does by the finger tips.

GBPUSD 15 m chart

Inches from the top and now inches from the bottom. Big figure traders will be loving this.

I doubt the prior story had anything to do with it, though such headlines might rattle a few players. It's a double edged sword. Say they're planning for an exit and the market panics. Say they're not and the market panics.

Either way it means the same thing for the quid - Fail