The support/resistance pivot around 1.6160/70 has been broken meaning that bullish momentum is starting to wane. The slide in EUR/GBP is giving the pound some support so I think we can expect a period of range trading in the cable, perhaps 1.6110/70 for the intraday traders? All bets off of course if 1.3000 breaks in EUR/USD as that will greatly increase volatility.