Sizeable stops are in sight just below 1.6000.
If broken convincingly, we could see it going for the next target at 1.5960 the 38.2% fibo level (1.5393-1.6310).
I then expect it to grind lower towards 1.5900 level.
BOE's King to speak after the market close. That could trigger the down move especially in a thinner market.
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