Cable is coming under renewed pressure, presently back down at 1.6445. The earlier release of very poor growth data continues to weigh on sterling.

Technical supports, as aforementioned, at 1.6430/35 and 1.6400/05. Sell stops said to lie in 1.6415/20 area.

EUR/GBP has advanced to .8665. The GBP bears seem to have .8700 as their short-term target here.