Presently back up at 1.6188.
Risk sentiment has seen some general improvement; European stocks, oil cutting losses, gold at session high etc etc. Has helped support cable.
Getting reports of “retail” sell orders clustered up at 1.6200/20.
UPDATE: I’m going to be very interested to see what happens next. It’s only recently I’ve been getting reports of this “retail” interest. I have no feel as to it’s depth, or even what it totally includes. I believe it to include bulk orders from fx retail platforms plus other stuff. We’ll see how durable it is.