GBP crosses

GBP session overview

  • EUR/GBP should encounter technical resistance near .8080:
  • Cable is expected to trade between option levels at 1.60/1.62 but any FOMC surprises could challenge these edges:
  • Not much in way of UK data today:
  • Interbank player prefers to buy dips to 1.6070 for this session so likely some buying interest just below there.

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