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*Dec21 cable open $1.3375, range...>

STERLING SUMMARY
STERLING SUMMARY: *Dec21 cable open $1.3375, range $1.3355 to $1.3575. Eur/Gbp
open 0.8877, range Gbp0.8877 to Gbp0.8889
*Cable opened in Asia on the low side of yesterday's $1.3372 to $1.3420 range,
where the pound was pressured a little lower late in the piece on news that UK
Deputy Prime Minister Damian Green had resigned
*The soft close in New York encouraged further selling and with weaker UK Dec
GfK Consumer Confidence data, cable edged from $1.3375 to $1.3355. Recoveries
were held to $1.3370 and for the balance of the session the rate edged lower to
$1.3360
*Eur/gbp opened at the upper side of yesterday's Gbp0.88285 to Gbp0.8879 range,
the move extended to Gbp0.8889 before finding resistance near the daily cloud
base at Gbp0.8893.

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