GBP/USD meets supply ahead of 1.6100

GBP/USD has had a strong run up from below 1.6000 and has gained a high of 1.6083. Supply here is preventing the pair to score a new handle.
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Flash: EUR/USD to stay elevated or even rise towards 1.38 - UBS

Comments by ECB head Mario Draghi earlier this week, that anytime a new LTRO or another measure to ease monetary conditions continue to weigh on the euro, according to the UBS analyst team, adding that a surprising jump of Italian consumer confidence did little to change that view.
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