Cable up at 1.5215 presently having closed in North America Tuesday down around 1.5175. The next hurdle for cable bulls now looms large at 1.5250. Talk of stops just above there.

Event risk today in shape of latest jobs data:

08:30 GMT: UK jobless claims for June expected -20k; claimant count rate for June expected 4.5% from previous 4.6%; ILO unemployment 3mnth May expected unchanged at 7.9%.