Demonstrably weaker than Reuter’s median forecast of unchanged.
Steepest fall since since April.
Cable sits at 1.5835.
The other day we had talk of sovereign buy interest down around this area. Just sayin
We do have reports of buy orders clustered down at 1.5800/10.
Also, of technical note; 1.5790 is the 50% fibbo retracement of the June-Sept 2012 rally.
Pick the bones out of that little lot……
