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Breaks mentioned resistance levels at.........>

CABLE
MNI (London)
CABLE: Breaks mentioned resistance levels at $1.3164 and $1.3184 to extend
recovery to $1.3190. Move seen encountering fresh resistance but underlying tone
remains buoyant as rate trades just off at $1.3185. Move seen as Eur/Gbp further
extends pullback, from recent highs of Gbp0.9202-0.92035(Asia-NY), to Gbp0.9150.
Support in the cross has been reported between Gbp0.9150/40.  Cable resistance
now seen at $1.3190/1.3200, break to expose next resistance up at $1.3250, with
the Aug3 high of $1.3267 lurking in the background. 
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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