Traders report demand for cable on the pullback from an Eastern European central bank.

Volatility in GBP/USD has been quite high in recent session and here we are threatening the top of the range a day after threatening the bottom.

1.5450 and 1.5470/75 area near-term resistance. 1.5500/25 remains very important resistance in the medium-term. We trade now at 1.5422.