Cable: Sep7 NY range...............>

STERLING SUMMARY: Cable: Sep7 NY range $1.3063-1.3115. Sep8 Asia open $1.3104,

range $1.3095-1.3139. Current $1.3131(0458GMT)

* Eur/Gbp: NY range Gbp0.9140-0.92035. Asia open Gbp0.9178, range

Gbp0.9178-0.9202.Current Gbp0.9190(0500GMT)

* Volatile post ECB action saw cross rally off a low of Gbp0.9140 to Gbp0.92035,

then settled around Gbp0.9175 into the close. 

* Strong performance of Eur/Usd provided the main drive with cable struggling to

keep pace.

* However, cable traded up to $1.3115, dipped to $1.3062 before edging back to

$1.3107 ahead of close. 

* Early consolidation in Asia saw rate trade a tight range around $1.3100 before

fresh Usd pressure took it up to $1.3140.

* Pullbacks were cushioned at $1.3125, the break below Y108.00 in Usd/Jpy kept

upside pressure on into Europe. 

* Resistance seen at $1.3151(76.4% $1.3267-$1.2774), break to expose $1.3184. 

* UK IP/Mfg data 0830GMT, but fall out from ECB/Usd weakness to drive.