Pound gets another kicking on weaker retails via ForexLive

I just hate writing headlines like that! lol

Cable now 1.7012 testing bids between 1.7000-10 and EURGBP 0.7920 finally clearing out the offers at 0.79120 but with more lined up at 0.7925

Expect a decent battle around here but the euro's better sentiment this morning on stronger PMIs with EURGBP gathering a bid has highlighted  a softer tone to GBPUSD and I'm looking for a serious test of 1.7000 and ultimate break still

posted via ForexLive