Pound still in focus as the week draws to a close 13 Jan
Early attempts to force GBPUSD down through 1.2150 failed at and that encouraged a bit of short covering ahead of US retails data and the week-end. High post 1.2234 before running out of steam with offers into 1.2230 adding decent supply.
EURGBP similarly had a look upstairs only to retreat and test 0.8700 which has duly held as per my order board post.
Currently 1.2189 and 0.8729 we're seeing great two-way business again. I remain a GBP rally seller and buying back in the dips to good effect but equally good pips to be had trading from a long play too.
Just don't ask me to come over to the dark side any time soon !
