Cable has rallied nicely, presently at 1.6850. The move is being supported by continued selling of the EUR/GBP cross which is down at .8873 from an early .8890 ,the selling said to be M&A related. There has been much talk of French selling of the cross recently.
Back with cable, sell orders now noted up at 1.6860 through 1.6880, which may slow, if not halt, progress.
