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Bounce back from $1.2917 lows sees rate.......>

CABLE
MNI (London)
CABLE: Bounce back from $1.2917 lows sees rate edge back above $1.2930. Move
seen taking earlier pressure off of Eur/Gbp, which had edged back toward its
earlier high of Gbp0.92125, currently around Gbp0.9207, while Gbp/Jpy slowly
seen edging back toward its broken support at Y141.50(current Y141.35, off low
of Y141.19). Cable resistance seen at its earlier high of $1.2940 ahead of
$1.2965/68. 
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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