Eamonn posted that traders are citing the potential Verizon/Vodafone deal as the/part of the cause of the rally to 1.5335 along with/forcing stops through 1.5300.

This was also the reason/rumour going around on the 19th as I reported and the move to 1.5368 was then followed by a sharp drop.

We’ll see if lightning strikes twice as the session progresses but we also have UK Q1 GDP first reading at 08.30 GMT to throw into the mix.

gbpusd daily 25 apr