Euro dip demand notable at the moment again 30 Nov
Large EURUSD option expiries between 1.1840-45 providing an attraction again from lows of 1.1809 earlier. EURGBP up from 0.8776 to 0.8804 and that's helping GBPUSD down to challenge support/demand around 1.3440
Could be some month-end EURGBP demand in play but my guess is the option expiries more so and I did say earlier I expected them to contain losses. Either way, it's having a desired effect on cable so it suits those of us who shorted again above 1.3470.
Good two-way business. What's not to like ?
GBPUSD 15m
EURGBP 15m
EURUSD 15m