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Breaks below support/stop area of.............>

CABLE
MNI (London)
CABLE: Breaks below support/stop area of $1.3280/85 to extend intraday lows to
$1.3276. Rate currently holds around $1.3280. If rate can build on this move
lower seen exposing support area at $1.3246/45. Sterling seen soft across the
board, Jpy stronger across the board so likely Gbp/Jpy sales led the pressure on
the pound. 
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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