Cable posts new session lows as month-end flows noted via ForexLive

As yen pairs finally find a few sellers on profit-taking we've seen GBPUSD fall to session lows of 1.5966, ahead of  the strong support at 1.5950 that I've been banging on about. Have you been selling those rallies above 1.6000? lol

And don't forget it's month-end so we should see some usual EURGBP demand ( just rising to 0.7870 from 0.7864 as I type) and this should also help to cap GBPUSD rallies

posted via ForexLive