Cable having started off around 1.6675, earlier triggered stops above 1.6700 on its way to a session high of 1.6722. It’s been all downhill from there and we’re presently at 1.6655.
Talk of UK clearer selling good amounts around and just above 1.6700. Wouldn’t be surprised if China came in selling above 1.6700, but haven’t had any confirmation.
We’re now awaiting the release of UK November services PMI at 09:30 GMT, expected 57.0.
Technical supports from here 1.6650 and 1.6635.
