The latest MPC meeting minutes will be the economic calendar highlight for GBP traders during the European session.
On the order front, EUR/GBP stop-loss buy orders (mine included) are reported above .8410. Cable orders are reportedly relatively sparse close to current levels, with buyers and sellers showing some patience; bids are only reported in any size below 1.5700 and offers are also light until 1.5900. Sounds like a perfect pair for a bit of range trading?
