Cable: Oct30 close $1.3208,........>

STERLING SUMMARY: Cable: Oct30 close $1.3208, Oct31 Asia range $1.3193-1.3215,

Europe $1.3198-23

*Euro-stg: Oct30 close stg0.8822, Oct31 Asia range stg0.8804-23, Europe

stg0.8804-14

*Broad dollar sales in early Asia lifted cable to $1.3215, failure to take out

yesterday's NY high prompted a wave of profit taking to hold $1.3203/08

*As the dollar recovered cable moved back under $1.3200, touched pullback lows

of $1.3193 before dip buyers cushioned falls

*Minor dollar sales provided fresh appetite into Europe, cable squeezed through

yesterday's NY high to $1.3221 before fading

*Month-end related euro-stg demand which saw the cross lift to stg0.8821 briefly

took cable back under $1.3200

*Cable later recovered to hold $1.3205/10, euro-stg stg0.8805

*Sterling looks to consolidate ahead of Thursday's BOE rate decision where it

seems highly likely a rate hike is priced in. Traders instead look to eur-stg

for month-end flow.