Steady gains for the pound after euro took the lead in Asia 27 March
EURGBP now down testing 0.8650 bids/support from Asian gapped-highs of 0.8695 and that's lifted GBPUSD to test recent highs around 1.2535 from 1.2500
Offers/res on EURUSD around 1.0850 also in play but the pair has been stubborn in retreat so far and still 1.0845.
Bids between 0.8640-50 and offers/res between 1.2535-50 should limit further moves at this time.
In a week that sees the historic triggering of Article 50 ( not exactly a surprise event and one that merely officially launches the uncertainty to follow) the jury remains out on where we'll be come Friday. Good opportunity for both bulls and bears expected but not necessarily the extremes touted in some quarters though.
