GBP/USD down 75 pips to 1.2172
Bids:
– 1.2149 – session low
– 1.2132 – Oct 13 low
– 1.2107 – Oct 11 low
– 1.2080 – Chatter about small bids
Offers:
– 1.2200 – offers building
Cable had the start of a recovery going on the reversal Tuesday and rally yesterday but it’s all been dashed.