GBPUSD orders 17 May - UK wages and jobs data on the way

Author: Mike Paterson | Category: Forex Orders

Currently 1.2907 near session lows

1.2950 still the next real resistance as we continue to range. Larger interest behind that at 1.3000. Demand into 1.2880 and still the large interest at 1.2850

Early EURGBP buying helping to cap but reversing at the moment.

UK wages/jobs data at 08.30 GMT.

Offers: 1.2935 1.2950 1.2965 1.2980-85 1.3000 (strong) 1.3020 1.3050

Bids: 1.2900 1.2875-80 1.2850 1.2830 1.2800 1.2785 1.2750


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