Cable is trying to steady having made it down to aforementioned technical support at 1.6310/20. Having hit 1.6312, the pairing is backup at 1.6325.

Technical supports below 1.6310/20 at 1.6285/90, 1.6265 and 1.6245/50. Resistance at 1.6350/60.

Sterling has certainly had to endure it’s fair share of negative news articles today.