Cable has continued its’ march higher this morning, presently at 1.5960. Big psychological hurdle looms for cable bulls at 1.6000. Not surprisingly talk of barrier option interest at said level.
Sterling bulls will be hoping for stronger than expected price data later today to boost their cause
09:30 GMT: UK CPI for December expected +0.7% m/m, +3.4% y/y, core +2.7% y/y.
09:30 GMT: UK DCLG house prices for November expected 5.9% y/y
