A big beat on UK retail sales data has seen the pound post gains 18 Aug
Strong offers/res around 1.3100 now history Gone already as I type…
and we’re testing the next tranche around 1.3130. More behind that at 1.3150.
EURGBP has now eaten through the good demand/support between 0.8625-30 and that’s adding to the GBP demand. More support into 0.8600 then 0.8585