Cable tests 1.3200 support as EURGBP heads higher again

The pound is under a little pressure again after the UK Q2 GDP data 26 Aug

Traders tried buying the pound post-data but it was short-lived and now, possibly out of boredom if nothing else, are having a look at the sell-side.

GBPUSD is testing 13200 bids/support as EURGBP has a go at taking the offers out between 0.8560-65.

Both levels holding so far and I don't expect much more of a move ahead of US GDP at 12.30 GMT and Yellen at 14.00 GMT.

If traders do fancy another sell-shunt then decent bids await around 1.3180 and larger offers into 0.8580.

Cable tests 1.3200 support as EURGBP heads higher again
Cable tests 1.3200 support as EURGBP heads higher again
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