Surge in activity across GBP/USD futures puts spot at session lows - around 700 contracts changed hands inside 60 seconds at 1141GMT/0641ET (around $50mln cash equivalent) helping pressure prices lower and through the Monday lows of 1.1993.
This makes for a 80 pip pullback off the overnight highs, with 1.1943 and the 200-dma at 1.1910 the next major supports.

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Surge in activity across GBP/USD futures puts spot at session lows - around 700 contracts changed hands inside 60 seconds at 1141GMT/0641ET (around $50mln cash equivalent) helping pressure prices lower and through the Monday lows of 1.1993.
This makes for a 80 pip pullback off the overnight highs, with 1.1943 and the 200-dma at 1.1910 the next major supports.

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Pickup in GBP Futures Volumes Puts Spot at Session Lows