Small bounce off 0.7965 but the cross is still wobbling in the low 0.9970’s, and looking to test those barriers down at 0.7950 and 0.7900.
Middle eastern buyers are also reported in GBP/USD down towards 1.5520 ahead of a 1.5500 barrier, which is helping to keep the cross downside pressure intact and shoring up cable.
See orderboard for other levels
GBP/USD’s around 1.5540 with the cross currently at 0.7970