Cable has seen a decent rally, back over 1.5100, presently at 1.5110.
Talk is that a major Swiss bank was a notable buyer of the pairing. A clearer (not the one reported buying EUR/GBP earlier, which figures I guess) was also seen buying decent amounts. Infact the clearer buying cable today was seen selling EUR/GBP yesterday. Looks like they’re selling cross again today as well.
EDIT: Cable extends rally, presently at 1.5150. Technical resistance next at 1.5055/60. Talk of stops through .8870 in EUR/GBP
