The GBP should be quite volatile once Europe gets up and running with big technical levels close by in both cable and EUR/GBP.
Today is also the first day at work for new BOE governor Carney and although its unlikely that he will be rocking any boats anytime soon, that will not stop the market from speculating on possible policy moves.
EUR/GBP has been capped in recent weeks below .8600 and cable has strong support at 1.5155/80 which we looked at earlier.
