Sterling has already started trading the MPC minutes so here are some tech levels to watch
– Near resistance is at 1.5630 then 1.5650/55. Stronger lies at 1.5675/80, 1.5700 then 1.5735. Break above 1.5785 and then 1.5800 and we could be back on the way to test the year’s highs in the 1.59’s. If we get Weale and McCafferty voting for hikes then we will probably clear 1.5700 without stopping on the way. 1.5735 may be the point at which we see a move start to run out of steam. If we get 3 or more votes for hikes then there’s every chance of seeing 1.58 or more