GBPUSD
GBPUSD remains well supported on dips to 1.3840/60, with stronger support at 1.3820/1.3800
Resistance can be found first at 1.3940 and then 1.3980/1.4000
EURGBP
The EUR is under pressure ahead of the Bank of England meeting.
Support is now at 0.8600 a break here will open a test of 0.8540
Resistance is at 0.8660 and strong resistance 0.8720, only above here will the outlook improve for the EUR
GBPJPY
GBPJPY sits just below Resistance at 152.20/40 a break up from here will see the GBP try 153.00/153.20
Failure to break 152.20/40 will see the GBP fall back to support at 151.60 or even 150.80
GBPCHF
Buyers at 1.2680 are supporting the GBP, However strong resistance at 1.2740 has capped the upside for some time. A break up from here will target 1.2780/1.2800.
Should 1.2680 break, It will open a potential drop to 1.2620/1.2600 support
All analysis made from using charts provided by http://www.eightdragonscapital.com
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