Currently 0.8706 near session lows

In retreat again after failing into 0.8730 and helping to underpin GBPUSD this morning.

Demand nearby still around 0.8700 as I highlighted yesterday and more into 0.8680 which should continue to help cap GBPUSD rallies.

Offers: 0.8730 0.8750 0.8770 0.8785 0.8800-05

Bids: 0.8695-00 0.8680-85 0.8665 0.8650 0.8600