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Back around $1.3170, off earlier react low....>

CABLE
MNI (London)
CABLE: Back around $1.3170, off earlier react low of $1.3156 and recovery high
of $1.3174 as market awaits BOE Carney press conference. Market positioning seen
driving as traders try to analyze what Carney can say after the earlier release.
Eur/Gbp now trades around Gbp0.8988, off its traded high of Gbp0.9002. Cable
support remains into $1.3150, a break to expose stops, which if triggered to
allow for a deeper move toward $1.3120. Resistance $1.3200/10.  
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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