Cable sits at 1.6735, where it closed in North America Tuesday, recovering after a slight dip to 1.6712.

Some important data/events today:

09:30 GMT: UK unemployment for October. Jobless claims expected 20k, claimant count 5.1%, ILO unemployment 3M to September 8.0% from previous 7.9%

10:30 GMT: Release of latest UK inflation report

Much talk of cable buy stops lying up around 1.6760.