The GBP and Cable in particular has had a mixed start to the week, fluctuating between gains and losses. Markets in general were a bit slow today ahead of what is a relatively busy week on the data front. The UK, however, does not have any high impact data releases with GBP pairs likely to face external threats.
The UK faces a quiet week on the data front following the UK Autumn Statement by Chancellor Hunt last week. The GBP enjoyed a decent week particularly against the Greenback.
