Cable sits at 1.6450 in slow trade, not far from the 1.6443 session low. European stocks have turned lower and this won’t be helping matters. There is obviously still a little caution ahead of tomorrows BOE quarterly inflation report and June jobs data.

Technical supports now at 1.6430 and 1.6400/05. Maybe some small stops parked just south of 1.6430 support, but no confirmation of such.