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Breaks back through earlier break down area...>

MNI (London)
CABLE: Breaks back through earlier break down area between $1.3350/65, extends
recovery off earlier low of $1.3320 to $1.3397, as Eur/Gbp dipped back under
Gbp0.8800. Cable currently trades around $1.3378, cross around Gbp0.8808. Market
thin and open to order driven trader. Some suggest that activity from the algo
sector as they react to headlines has several traders taking to the sidelines
making for much thinner markets which adds to volatility.   
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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