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Breaks above interim resistance at $1.3150....>

CABLE
MNI (London)
CABLE: Breaks above interim resistance at $1.3150 to extend recovery off earlier
lows of $1.2962-45(Europe low-Asia low) to $1.3169. Reported movement of
officials tends to suggest something is happening on the political front as
regards Brexit negotiations and market taking this as a positive sign.
Resistance now seen into $1.3180/85 ahead of $1.3200 ($1.3197 61.8%
$1.3350-1.2949-$1.3199 Mar05 high). A break above the figure to expose
$1.3250/55. 
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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