So just gonna sit on the fence here for the minute and see what it does when it hits the T/L , USD has a bid right now but as you can see the 50MA has acted as some support ( for now ) , so waiting for a clearer pic as to whether it can get back in the channel or sellers take over .....
Stay tuned :)
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Okay ,
Semi - Important day for this pair as we will see some movement :
* GBP Final Services PMI * ISM Non-Manufacturing PMI
Once the US traders come in on their MKT time with this knowledge expect this pair to move if US figs come in lower then the expectation.