After falling off

After falling off a cliff this morning GBP/USD has found a few buyers around 1.3730 which was not far off Wednesday's European low. Almost all of the pressure on the rate is coming from EUR/GBP buying with the cross trading up to 92.96 from the day's low of 0.9212. GBP/USD now trades at 1.3760 with resistance seen at 1.3825, EUR/GBP trades at 0.9273 with resistance coming in at 0.9325.