A new week, a similar story
Yes folks it's not only my garden and the south of England feeling the force of Storm Imogen this morning.
GBPUSD had an early look at 1.4550 only to run into the fresh supply as per the order board and techs and now accelerated by the general euro demand on equity markets turning negative.
Currently back down through 1.4500 at 1.4488 with EURGBP testing 0.7700 but there is definitely some GBP demand in the dips.
I remain a GBP rally seller but equally you can buy when we head lower. What's not to like about good two-way business?
Just as long as you don't get too greedy/carried away.
