Elsewhere the EUR has continued to drift lower and the appearance of the BIS during the European session (selling rallies!) will not have inspired much confidence. The AUD is also slightly lower despite the surge in the Gold price. Not sure at the moment what’s behind the gold move but it doesn’t seem to have had any affect on the FX market.
The GBP has rallied on the new Tory government and EUR/GBP support at .8400 now becomes an important level. We should find out in the next few sessions exactly how the GBP market is positioned.
Good luck today.