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Bounce back from extended Europe low of.......>

CABLE
MNI (London)
CABLE: Bounce back from extended Europe low of $1.2774 sees rate pressuring the
$1.2800 level. Traders wonder if move linked to recent drop below $0.7200 in
Nzd/Usd, Gbp/Nzd demand?. Resistance seen at the earlier Asian high of $1.2806
ahead of $1.2833. Rate trades around $1.2795 at posting. 
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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