Cable having opened firmer, continues rally in early trade

Cable is ticking higher in early European trade, presently up at 1.6635 from a North American close Tuesday down around 1.6580.

Technical resistance next at 1.6660.

Event risk looms for cable/sterling later today in form of 09:30 GMT release of Q3 GDP (second read). General feeling is that the surprisingly poor initial -0.4% q/q contraction will be upwardly revised to -0.2/-0.3%.