The British Airways news and the possibility of job losses both at troubled lorry maker LDV and their suppliers, coupled with the upcoming release of UK Unemployment data is sending quite a few Sterling longs heading to the sidelines. We’ve broken through 1.6400, to reach 1.6390 so far, next support lies at 1.6350, but Cable as we know can turn on a sixpence so I’d keep an eye out on the data. Unemployment is forecast to rise by 60k in May and the Unemployment rate is expected to hit 7.3%.