> Cable tests 1.2420 as we wait on UK lending data

Cable tests 1.2420 as we wait on UK lending data

Wednesday, 29/03/2017 | 08:25 GMT

UK money supply and lending data out at 08.30 GMT

GBPUSD is testing the offers/res around 1.2420 as we wait on more Article 50 clues but also some UK lending data.

If it breaks a fairly decent line we might expect some stops to be triggered but sellers will be waiting.

Here's the expectations:

GBPUSD order board here. EURGBP here

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