I have a vested interest in this pair in that I went long last week in the hope of a double-bottom forming around 1.5370. The market bounced very aggressively off the Friday night low at 1.5360 and has also put in an outside-day reversal.
(Add in to the mix that real money funds have been aggressively selling EUR/GBP yet the EUR/CHF speculative market is supposedly very short).
Support on the day is at the Fibo pullback levels of 1.5515 and 1.5455.
