GBPUSD orders 12 April - Playing a waiting game

Author: Mike Paterson | Category: Forex Orders

Currently 1.4185 treading water

Sell interest into 1.4200 again but demand into 1.4150 still. 

Buyers will be encouraged by minimal reaction to potential UK military intervention in Syria  but sellers still poised.

GBPJPY in play still too as is EURGBP where good 0.8700 demand countered by sell interest above 0.8730

I'm happy again to sell rallies above 1.4200 while respecting the support growing around 1.4150 

Offers:  1.4200-05 1.4225-30 1.42501.4265 1.4280 1.4300 

Bids:   1.4165 1.4150 1.4120 1.4100 1.4075-80 1.4050


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