There’s nothing like sitting down at your desk first thing and seeing blood on the screens.
GBPUSD managed to hold above 1.40 last in the European day and into Asia before giving way meekly. I suspected any break would bring additional damage and here we are nearly 80 pips south of there already. The big damage might be done hear and there’s every chance of seeing a fall to the 1.35’s with minor stoppages on the way.