yeah the world is going to hell one more time[/quote] The world is going to hell? Safe havens are unwinding. I think no one really cares about that. It's just your usual chaos.
London hasn't open yet, right? It will only open in one hour's time. Maybe the London traders will shake it further down? But I do agree that bears need to bring it below 1.15 otherwise it is dangerous for sellers.
I expect more selling pressure on the GBP when London opens. Data hasn't been good and I expect more dumping when London opens. Having said that, I do not expect the USD to be very stable (strength-wise), so I think the gameplan would be to remain ...