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GBP/USD capped below 1.5220

The GBP/USD is last at 1.5216, off session highs at 1.5224, moving higher from the very beginning of the week, amid a very slow Asia-Pacific trade, making lows at 1.5187. “Cable has formed a double-bottom with a neckline at 1.5150,”noted FXWW founder Sean Lee, who thinks is “reasonably good risk-reward in being long with stop-loss below 1.5130,” the analyst said.
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EUR/USD above 1.3000 ahead of PMI

The better tone in the risk-associated assets is lifting the euro against the greenback above 1.3000 the figure on Monday, ahead of the final figures of the May PMI....
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