Sits at 1.5750, pretty much where it was 3 hours ago. Talk of sell orders clustered up at 1.5800, stops just above there.
UK data/events today:
09:30 GMT: Industrial production for November expected +0.5% m/m, +3.3% y/y. Manufacturing production expected +0.4%, +5.3% y/y.
12:00 GMT: Bank of England rate decision. Expected to keep rates, QE unchanged at 0.5%, £200 bln respectively.
15:00 GMT: NIESR’s estimate of UK Q4 GDP.
