Sell orders at the big figure holding firm for now. No real reason for the move as far as can been seen at the moment. Everything is pretty quiet.

Should 1.5300 break we have further orders and strong resistance at 1.5330. Further tech levels at 1.5315. See my previous post for a fuller rundown of the levels in play.

EUR/GBP also testing the lows and bids down at 0.8540. It’s being reported that there is a concern over how Cyprus votes over it’s bailout but it’s not being reflected in the other Euro crosses so can be discounted somewhat.

There is additional support below the at 0.8520/25 which was down at the Tuesday lows.

Update: Stops were hit through 1.5270/80 to push us up and orders now seen in very good size at 1.5300