Cable down at 1.5930 from North American close Tuesday up around 1.5950. Well noted fibo retracement level 1.5968 remains intact so far. Reports yesterday stops gathering around 1.5970, and I’d hazard a wild guess they’re still in place. Obviously above there comes decent-sized barrier opton interest at the psychological 1.6000.
UK data today:
06:00 GMT: UK halifax house prices for JAuly expected -0.3% m/m
08:30 GMT: UK official reserves for July
08:30 GMT: UK services PMI for July expected 54.5 from previous 54.4
