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Cable: Nov15 NY range..............>

STERLING SUMMARY
MNI (London)
STERLING SUMMARY: Cable: Nov15 NY range $1.3143-86. Nov16 Asia open $1.3172,
range $1.3162-88. 
* Eur/Gbp: NY range Gbp0.8951-0.9011. Asia open Gbp.8952, range Gbp0.8930-50.
* 1000GMT fix activity Wednesday saw Eur/Gbp spike to Gbp0.9015, with cable's
pre-fix rally reversed from $1.3214 to $1.3134.
* Cable recovered, settled around $1.3170 into the close, Eur/Gbp drifted back
to Gbp0.8951.
* Cable marked a low of $1.3162 in opening Asian trade, rallied to $1.3188
before it settled around $1.3170.
* Eur/Gbp touched an early low of Gbp0.8930, off an opening high of Gbp0.8950
then settled around Gbp0.8940. 
* UK Retail Sales 0930GMT provides domestic data focus, market median incl auto
fuel 0.0%mm, -0.4%yy, Ex-fuel 0.2%mm, -0.5%yy. 
* BOE Carney on ITV 0710GMT(Piers Morgan interview). BOE Open Forum may prompt
some BOE comment during the day.
* Cable support $1.3160/50, $1.3110/00. Resistance $1.3185/90 ahead of $1.3215. 
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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