Cable has come under pressure as European trading gets underway, presently down at 1.4990. Risk appetite seems to be on the wane and this is helping underpin the JPY and USD.
Talk of stops now down through 1.4980.
Data due today:
08:30 GMT: UK Q1 GDP (final) expected +0.3% q/q, -0.2% y/y; Q1 c/a expected -4.5 bln; index of services 3m April expected -0.4%
