Cable has given up around half a cent in active early trade, presently down at 1.6500. The move comes with risk aversion picking up as Chinese stocks again come under heavy pressure.
Comments made by the next UK Prime Minister David Cameron will have been duly noted, the Tory leader opining that the British Government could default on it’s debts.
Technical supports now at1.6500 and 1.6480, the former just giving out as I type.
