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Coming under pressure

GBP
  • Selling emerging in the Pound, possibly a fix related trade.
  • GBP test session low against the EUR, USD, JPY.
  • The British Pound trades in the red against G10, although the currency holds onto small gains versus the Kiwi (up 0.28%) and the AUD (up 0.07%)
  • Immediate resistance in EURGBP is still seen at 0.8431.
  • Cable test yesterday's low at 1.3316, ahead of support at 1.3304 Low Dec 22, 2020

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