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Breaks lower in tandem with Eur/Usd in a......>

CABLE
MNI (London)
CABLE: Breaks lower in tandem with Eur/Usd in a Usd driven move. Cable drops
through its earlier low of $1.3476 to extend its corrective pullback, off
earlier high of $1.3550, to $1.3457. Technical hourly support was noted at
$1.3460, next support now seen at $1.3430/25. Rate currently trades back at
$1.3468. Traders now suggest minor resistance now to be seen on approach to
$1.3480. 
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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