Traders report there is talk in the market of a potential UK debt downgrade.

You can just dust that one any time you need it…

UPDATE: Fitch says the UK is among the most vulnerable AAA sovereigns. Risk of UK funding costs are on the upside.

Cable is capped at 1.5650 today and trades now at 1.5607.

Traders also report selling interest at the upcoming 16:00 GMT fixing.