1.9000 may prove a tough to meaningfully crack into the weekend, amid talk of good size sell interest around the figure. Selling GBP/USD above 1.9000 has offered good value on a risk/reward basis over the past three months, with intra-day highs above 1.9000/sub-1.9092 notched on 13 separate trading days since sterling last traded above 1.9100, on August 9.
1.9146 was the August 8, 16-month peak. October's bigger-than-expected upward revision to October's Michigan Sentiment index, to 93.6, may help to prevent the pound establishing itself on a 1.90 handle pre-weekend. 1.8965 (initial post-US Q3 GDP rally high), and 1.8925 (yesterday's high), are among GBP/USD pullback support points.
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