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Aug 10 Auction Size Announced

CABLE
CABLE: Currently seen settled around $1.3120/25 as market awaits BOE Carney
press conference at 1230GMT. Few seeing this as a dovish hike following removal
of line that market underpricing need for more rate hikes. Rate touched a low of
$1.3097, below here and next support seen between $1.3085/70. The fall also
brings into view the $1.3055-60 option expiries, Gbp427mn. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com