On-going fears of a "hard" Brexit continue to undermine the pound 26 Sept Week-end press reports and revelations have given GBP sellers renewed enthusiasm and GBPUSD is falling back toward Friday's lows of 1.2916 that I had targeted following the fall through 1.2940. Currently 1.2943 after 1.2936 lows after failing above 1.2980 earlier. EURGBP has needed little excuse to take full advantage and is back up through 0.8670 but with decent offers/res between 0.8685-0.8700 and that might help to put a brake under GBPUSD for the moment. Sounding like a broken record I can only recommend selling rallies still with Brexit ... (full story)