GBP/USD vaults 1.29 as EUR/USD continues to press higher

The EUR/USD is close to session highs just now, as it pushes closer to 1.1075. The USD/JPY has long since fallen below the 146 handle and both those moves have allowed the GBP/USD to just now climb above the 1.29 handle. That has been helped by the lower EUR/GBP this morning, at the same time as the EUR/USD lifts. The GBP/USD traded close to 1.27 on Monday and the close last night, at 1.2820 was technically positive. That was above the 200 day moving average, which is in place right now at 1.2814, pretty much where it was yesterday. So, that positive close last night has helped the Pound gain more traction today. The high seen just now was set at 1.2914