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GBPUSD orders 26 May – Finding some demand after earlier retreat

ByMike Paterson

May 26, 2017

Currently 1.2985  from 1.2860 lows earlier
Offers/res into 1.2990 with larger between 1.2930-50. Demand at 1.2850 as I highlighted/warned on the lows.
Keep an eye on EURGBP and GBPJPY as always.

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  4. Mind the (credit to GDP) gap – BIS warns on China (Australia, you were lucky!)

By Mike Paterson

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