Cable has tacked on a quick half a cent or so in early European trade, presently at 1.6040.
Sources report good fund buying of the GBP/JPY cross, which will be lending cable support. The cross is up at 133.25 from around 132.60 when I arrived.
Talk of sell orders now in cable at 1.6040/50, stops above there.
EUR/JPY up at 117.00 from early 116.70. Talk of stops now through 117.10.
