GBPUSD rises 30 pips to 1.5470

A quick wave of demand underpinned pound in a rise to a session high. There are no headlines behind the sudden buying so it's probably related to the London fix.

Yesterday's high of 1.5506 and the 100-day moving average at 1.5494 are resistance levels to watch.

Bank of England Governor Mark Carney is due to speak in just under two hours.