GBPUSD now down through 1.4500 and posting fresh 5 1/2 lows of 1.4483
The weaker industrial and mftg data was the trigger for accelerated falls but we're also seeing USD demand with EURUSD down around 1.0850 and USDJPY up to 117.70 and USDCHF back around 1.0000.
Stronger European equity markets the driver with DAX now up +1.41%
EURGBP jumped from 0.7478 to 0.7494 but still finding it tough to hold above 0.7500 albeit with good demand into 0.7450.
GBPUSD with decent demand/support around 1.4480 but rallies into 1.4550 will find sellers.
There's a lot of blink-and-you-miss-it movement right now as markets try and second guess China/equities and subsequent risk-on/risk-off sentiment.
New traders are advised to trade with caution
Any excuse for another Bowie track
