Cable up slightly in early European trade, presently at 1.5880 from around 1.5860 when I arrived. Sources note Eastern European names buying.
Talk of buy stops gathering in 1.5905-15 area.
Data due today:
09:30 GMT: UK CPI expected +0.3% m/m, +3.2% y/y Core +2.7% y/y
09:30 GMT: DCLG house prices for October expected unchanged at +6.1% y/y.
