Cable is presently at 1.6490. Talk of option-related sell orders now lined up ahead of 1.6500. Elsewhere, EUR/USD sits at 1.4190 just below touted 1.4200 barrier option.
Stops likely lined up just above 1.6500. In EUR/USD there is talk of sell orders in 1.4200/10 area, so stops might have been placed a little higher here.
