Cable sits at 1.6215, relatively steady in early European trade. The market now awaits Nationwide house price data for August in 10 minutes or so (06:00 GMT)
Cable is in dire need of some good data. Expectations are for +0.5% m/m, -3.9% y/y.
Technical supports for today 1.6200 and 1.6160/70, resistances 1.6250, 1.6275 and 1.6300/10.