Low reached 1.31015
The GBPUSD has dipped to the 1.3100 level. The price has a low bid of 1.31015. The push lower has been helped by a move back up higher in the EURGBP which has traded to 0.84944 just short of the earlier day high at 0.84956.
The low daily close for the GBPUSD going back July 11 has been 1.3103. Close below that level today and that should be more bearish for the pair. The 1.3047 to 1.3074 is where there have been a number of lows/highs on the 4-hour chart. The 61.8% of the move up from the July 6 low comes in at 1.30539.
For the EURGBP a move above the 0.8500 level should solicit more buying/stops.
