GBP/USD back above 1.33 this morning as dollar slips

The EUR/USD is rising back above 1.1325 just now and extending the earlier gains, as the USD/JPY falls back towards the 145 handle. The USD/CNH has also fallen back below 7.25 and that comes on renewed hopes of the US and China possibly having a meaningful conversation about trade. At the same time, the more general relapse in the dollar we are seeing right now is helping the GBP/USD to advance. The Pound spent most of the day under pressure yesterday, when it fell back towards 1.3250. The GBP/USD later closed in the US last night at 1.3278. It has lifted to 1.3322 so far this morning and seemingly also gains some traction from UK equity demand, with the FTSE 100 set open higher. The GBP/USD is right now close to that session high, currently trading at 1.3311