Some love for the pound as the US comes online
There's not a lot going on right now in currencies ahead of Yellen but someone fancies some pound love as we see GBPUSD push up towards 1.4600
Try as we might last week we couldn't grab a spot above the big fugure and that's where we'll see resistance once again. We may see some ahead of that at 1.4580/85
GBPUSD H4 chart
There's no headlines I can see to accompany the moves so it's probably some positioning before Yellen. There's a drop in liquidity anyway in the run up to her testimony so we may see some similar moves in other dollar pairs, though this pound move carrying across all the quid pairs
