Cable finds another bid and posts new session highs

All eyes on the BOE tomorrow and the pound has found another wave of demand

GBPUSD has now posted new session highs of 1.5623 chewing into 1.5625 offers with more behind that into 1.5650.

Ultimately the key resistance remains between 1.5700-10 with support now into 1.5570 proving tough to breach

EURGBP has moved lower to test 0.6950 support/bids

Seems the market is still looking for positive tones tomorrow, but we've a long way to go yet

Update 11.34 GMT- 1.5625 now history and 1.5636 posted with EURGBP still 0.6955