Currently 1.3116 after testing 1.3100

UK mftg PMI data out at 08.30 GMT. Nick had a preview from TD here

Not a key reading given the sector's low contribution to GDP but the algos may have some fun on a wide of the mark report.

I offered some thoughts on cable here earlier

Demand building nearby around 1.3200

Offers: 1.3220 1.3235 1.3250 1.3280 1.3300 1.3330 1.3350

Bids: 1.3200 1.3180 1.3150 1.3130 1.3100 1.3080 1.3050-60