Back down in the 1.5730’s after the spike to 1.5795 following strong UK retails sales. The move slightly cushioned by a sell-off in EUR/GBP from 0.8566 to 0.8537.
Bids below are seen at 1.5680/90 with sell stops beneath and through 1.5660. Topside tech resistance seen at the 55 day MA at 1.5804. Offers above at 1.5840/50 and buy stops at 1.5860
Cable’s sitting at 1.5746