Cable: Oct3 NY range $1.3222-66....>

STERLING SUMMARY: Cable: Oct3 NY range $1.3222-66. Oct4 Asia open $1.3237, range

$1.3235-73. Current $1.3261(0450GMT)

* Eur/Gbp: NY range Gbp0.8865-81. Asia open Gbp0.8871, range Gbp0.88665-0.8878.

Current Gbp0.8872(0453GMT)

* Cable recovered off a low Tuesday of $1.3222 to $1.3266 then settled back to

$1.3235. 

* Eur/Gbp recovered off a low of Gbp0.8822 to Gbp0.8881 then settled between

Gbp0.8865/75.

* Early Asia consolidation saw cable trade a tight range around $1.3240 before

Usd came under general pressure in Tokyo.

* Cable rallied to a high of $1.3273 before it met supply from US funds above

$1.3270. 

* Cable enjoyed a buoyant tone, found support between $1.3260/55 in the

pullback. 

* Key UK Services PMI at 0830GMT, market median 53.2 vs last 53.2(follows

disappointing Mfg and Construct PMI's).