Cable has made ground in early European trade, presently at 1.6010 from an early 1.5985.

Technical resistance from here comes at 1.6025/30.

Cable is being helped by the stubborn resistance being seen in the EUR/GBP cross at the psychological .9000 level.

Having been to .8998 recently we’re presently back at .8972.

Support .8950/55, resistance .9000/05.