Cable under a little pressure; buy orders, stops noted

Cable has sold-off back below 1.7000, presently at 1.6980. I suppose a little caution ahead of the BOE MPC rate decsion and announcement on QE is to be expected. We’ve come along ways of late. Must be some nice juicy profits on long cable possies out there.

Talk of buy orders down and 1.6950/60 and probably stops positioned just below there.