GBP Trading Outlook
ORDERS & FLOWS: Plenty of buying interest reported overnight near .9750 in the AUD/USD. The levels to watch on the topside start at .9850, where stops are reported, more sellers are seen .9870/80 but again there are trailing stops tight above there.
ORDERS & FLOWS: More Sovereign buying interest was reported on Friday on the approach to .9700 and if they are still live then we will have difficulty breaking lower today. Early interbank dealers are reporting trailing stops above .9775.
ORDERS & FLOWS: More Sovereign buying interest was reported on Friday on the approach to .9700 and if they are still live then we will have difficulty breaking lower today. Early interbank dealers are reporting trailing stops above .9775.
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