• Cable slips from 1.5080 (5wk high) extended to 1.5011 after US data beat
  • 1.4973 (Tuesday high) among cable support points below 1.50
  • Data boost for hawks advocating June/Sept Fed rate hike. FOMC meets next week
  • Earlier cent+ cable rise to 1.5080 fuelled by MPC minutes 
  • Reuters poll sees 60% chance of BoE rate hike by end-Q1 2016

The material has been provided by InstaForex Company – www.instaforex.com