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Begins to catch up on Eur/Usd, the rate.......>

CABLE
MNI (London)
CABLE: Begins to catch up on Eur/Usd, the rate extending its bounce of earlier
low of $1.3181 toward $1.3200. Move relieves upside pressure on Eur/Gbp, eases
back to Gbp0.8910 from Gbp0.8918. Cable currently trades around $1.3198, a break
above the figure to expose again the strong resistance level at $1.3227(held
topside Monday and in earlier Asian trade.  
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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