Cable rises up to a high of 1.3440 on the day
The pair managed to find support near the 1.3400 figure level yesterday and trading continues to pivot around the 50.0 retracement level on the daily chart @ 1.3429 as highlighted yesterday here.
Up ahead, we have key BOE speakers with dovish members Vlieghe and Ramsden lined up for the inflation report hearing but we'll also hear from BOE governor Carney as well. The hearing before the parliament Treasury committee is set for 0815 GMT.
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