Cable unchanged in early European trade, presently at 1.5880.
Data due today:
08:30 GMT: UK industrial production for June expected +0.1% m/m, +1.9% y/y; manufacturing production expected +0.4% m/m, +4.1% y/y
08:30 GMT: UK PPI for July expected input prices -0.5% m/m, +11/4% y/y; output flat m/m, +4.9% y/y
Buy orders noted clustered 1.5800/20, probably stops close below. No confirmation of level/s. Buy stops seen through 1.5930 before sell orders at 1.5950/60. Obviously 1.5968 remains important resistance with stops through 1.5970. Decent-sized 1.6000 barrier option interest said to be in place with defensive offers just ahead.