that U.K. Q4 GDP growth came in well below expectations, rising only 0.3% quarterly and 2.4% on the year. Market predictions had called for a 0.5% quarterly and 2.6% annual increase.
Cable moved higher alongside the EUR/USD. Gains were aided by an FT report that U.K. Chancellor Brown might add a "sixth test" to U.K. EMU entry.
The outlook is mixed.

Support: 1.4666 (38.2% Fibonacci retracement level of the Nov.-Jan. rally), 1.4590 (overnight low), 1.4565 (60-day moving average), 1.4534 (50% Fibonacci retracement level of the Nov.-Jan. rally), 1.4521 (Jan. 22 low; 5 1/2-week low), 1.4511 (100-day moving average), 1.4473 (Jan. 25 low; 6-week low), 1.4444 (Dec. 13 low).
Resistance: 1.4688 (overnight high), 1.4801 (20-day moving average), 1.5031 (Jan. 12 high), 1.5043 (50% Fibonacci retracement level of Oct. 1999-Sep. 2000 downtrend), 1.5100 (Jan. 8 high; 5-month high), 1.5138 (Aug. 15 peak).