Cable recovered off BOE Carney Brexit.........>

CABLE: Cable recovered off BOE Carney Brexit comment react lows of $1.2976 to a

US NFP initial react high of $1.3043. NFP react was seen on the headline NFP

miss but decent revision to previous month, AHE and employment rate coming in at

forecast levels saw the USD quickly pare losses, took cable down to $1.2993.

Recovery to $1.3027 seen into the European close before rate drifted off to

close the week around $1.3005. Rate touched an early high of $1.3021 in thin

opening Asian business before rate again began to drift lower, touched $1.2993

in Asia, early Europe taking it on to $1.2988. Moves have mainly been led by

EUR/USD as EUR/GBP held below Gbp0.8900. Reported comments from Intl. Trade Sec

Fox warning that the chance of a 'no-deal' Brexit seen at 60-40(Sunday Times).

In The Telegraph today, report pointed to Article 8 of Lisbon Treaty that

Brussels will break its own laws if it refuses to compromise on Brexit. Sterling

continues to trade on the back foot, wary of Brexit headlines. Data calendar

Monday very light in the UK.