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Drops away to retest the earlier Asian base...>

CABLE
MNI (London)
CABLE: Drops away to retest the earlier Asian base of $1.3260, paring back al of
its earlier gains which had seen rate touch a high of $1.3322. Rate extends the
intraday low to $1.3249 as Eur/Gbp builds back above Gbp0.8900, extending
recovery off morning lows of Gbp0.88765 to Gbp0.8930. Move comes as wire reports
a German official saying it is too early to discuss and Brexit transition ideas.
Cable support seen back at $1.3246 ahead of $1.3222. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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