• The GBP still looks susceptible to losses on the crosses;
  • EUR/GBP Fibo support at .8250 held very well on all occasions;
  • GBP/AUD and GBP/CAD are also still showing signs of weakness.

I’d suggest playing the 200 pip range in the cable between 1.6470/1.6690 with a bearish short-term bias from current levels.