Stops tripped to send the pound down to 1.5685
There's been some talk of some EURGBP flows coming in for the new month and with liquidity not exactly high right now, it's been enough to send cable under 1.5600, tripping some stops on the way
There's support at 1.5580 and more through 1.5560 and 1.5550
GBPUSD 15m chart
The big event this week for the quid is the bumper BOE meeting on Thursday. The minutes will be the main focus and we get the inflation report too