Softer tones kicking in for GBP pairs as European desks get underway 10 NovNot seeing any prime movers/news so I’m guessing , ( apart from my own algo, Bud!) that we’re seeing a bit of GBPJPY selling go through judging by p/a action on core pairs.
GBPUSD down to 1.3113 from 1.3150 and GBPJPY 148.85 from 149.20. Demand/support nearby at 148.80 holding this latest retreat.
UK production and trade data at 09.30 GMT
EURJPY lower too as is EURUSD so yen demand in focus again along with USD buying.