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Breaks above its earlier Asian high of........>

CABLE
MNI (London)
CABLE: Breaks above its earlier Asian high of $1.3160 to extend its recovery off
early Europe low of $1.3087. Rate trades to $1.3165, holding just shy of its
$1.3166 hourly high posted in NY Thursday. Break here to open a move on toward
$1.3180/85. Move sees Eur/Gbp extend its pullback, off earlier high of
Gbp0.9022, to Gbp0.8969. Earlier reports noted minor support at Gbp0.8970,
stronger between Gbp0.8950/40. 
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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