Cable having been up to 1.6099 earlier, has slipped back to 1.6065 at writing, some caution evident ahead of the 09:30 GMT release of the final Q3 GDP revision. Expected to show improvement to -0.1% q/q, -4.9% y/y from -0.3%, -5.1%.
Talk of 1.6000 barrier option interest (just incase we get a disappointment) Probably stops through 1.6000.
