Bulls and bears tussle over the cross within a 0.8657-21 range..
The Pound seems to be at the whim of Eur/Gbp moves again, as Cable pivots 1.3750 and derives little impetus from a stronger than expected UK construction PMI, while bulls and bears tussle over the cross within a 0.8657-21 range and as we head higher.
A strong daily closure above 0.8650 could lead to a rapid move up to 0.8800 relatively quickly from here.
A strong daily closure above 0.8650 could lead to a rapid move up to 0.8800 relatively quickly from here.
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