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Back at its intraday low of $1.3125(38.2%.....>

MNI (London)
CABLE: Back at its intraday low of $1.3125(38.2% $1.3040-1.3178) with demand
suggested placed to $1.3115. Break here to open a deeper move toward $1.3100
ahead of $1.3070. Traders aware we still have this decent sized option set to
roll off at the NY cut, strike $1.3150, Gbp829mn, which was seen anchoring the
rate through earlier European morning trade. 
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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