Cable has rebounded from 1.6001 and is threatening the European high at 1.6046.

An option strike at 1.6050 at 1400 GMT (10 a.m. ET) might attract some attention but offers also noted at 1.6045/50.

Stops below 1.6000/1.5995.

Yesterday’s big drop came without US participation so some buyers may be entering the fray.