Cable has made it above 1.6000, presently at 1.6010. That’s up about half a cent from where North America closed out.

Nationwide consumer confidence rose to 73 in January from previous 70, which was good news. On that front, I have to tell you I’m sitting here waiting to receive not one, but three, online purchases over the next couple of days. So guess I must be feeling a little more confident. I’m tingling with anticipation, I have to tell ya.

Talk of sell orders now up at 1.6020/30, with stops tipped through 30.

UK data due for release today:

09;30 GMT: UK services PMI for January expected 56.5 from 56.8

09:30 GMT: UK official reserves for January.