Sits at 1.6522, up from North American close Wednesday down around 1.6490
Bank of England rate decision day. Widely expected the Old Lady will continue to sit on it’s hands.
Data due:
08:30 GMT: UK services PMI for April expected 56.0 from previous 57.1
08:30 GMT: UK official reserves for April
11:00 GMT: Bank of England rate decision
Trailing sell stops thru 1.6450 and 1.6430. Buy stops bit of a guess. Light stops probably through 1.6575, yesterdays’ high.
