Cable presently at 1.5440, down very slightly from North American close Wednesday up around 1.5470, but seeing very quiet early European trade.

UK data/events due:

08:30 GMT: UK visible trade balance for July expected -7500 mln; non-Eu -4300 mln; total -3300 mln

11:00 GMT: Bank of England rate decision. Widely expected no change. To be held at 0.5%. QE at 200 bln.