I’m still hanging in with my long position from earlier in the week but to be honest I’ve got no strong view at the moment. Medium term I still think it goes higher but as to whether we see the 1.27 handle or the 1.32 handle first? I’m really not sure; stay in the market and hope the lights get brighter!
61.8% resistance level at 1.2960 and sell orders reported at 1.2965/70 (which probably means stop-loss orders above 1.2975!).