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Cable looking soft again as rate eases back...>

CABLE
MNI (London)
CABLE: Cable looking soft again as rate eases back below $1.3350 and looking set
to retest the earlier low of $1.3339. Break here to expose hourly support at
$1.3331 with a move below to open potential for a deeper move toward $1.3305/00.
Traders have reported model demand interest here, the same name that suggested
shorting into the $1.3420 level earlier this week. Rate currently trades around
$1.3345 at posting.
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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