Cable touch easier on the day, presently at 1.5920 from early 1.5945.
Talk of sell orders 1.5975/80 and again at 1.5995/00. Buy orders, said to include sovereign interest, seen down at 1.5850/60. Ongoing talk of 1.5850 barrier option interest.
Next up for sterling is 09:30 GMT release of January constuction PMI, expected 47.0 from previous 47.1.