Cable is seeing relatively steady trade in early Europe as the market awaits the latest Bank of England and European Central Bank policy announcements.
Almost certain the Old Lady will keep rates steady, while it is unlikely they’ll tamper with the current QE programme.
Technical support down at 1.5105/10, while resistances up at 1.5155, 1.5180 and 1.5195/00.
I’m hearing reports that decent-sized buy stops are gathered just above 1.5180.
