Cable dipped below 1.45 near midday in London but it has since gotten a boost from a renewed slide in EUR/GBP.
Looks like we are in consolidation mode now with resistance up at 1.4630/40 and support at 1.4488/98. Pressures stays on the downside until the 1.4640 area is cleared near-term.
Cable trades now at 1.4545.
