Down at 1.5955 from a North American close up around 1.5985. The cable bulls struggling to hold ground north of psychological 1.6000 at the moment.
UK data due today:
08:30 GMT: Q1 GDP (final) expected +0.5% q/q, +1.8% y/y
At 09:00 GMT we’ve got Merve the Swerve and his MPC buddies giving parliamentary testimony.
Talk of 1.5900 barrier option interest. On the topside, probably good idea to note 200 dma lined up at 1.6036.