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Extended intraday highs to $1.3173(Asia.......>

CABLE
MNI (London)
CABLE: Extended intraday highs to $1.3173(Asia $1.3169) in early trade with
underlying tone remaining buoyant. Resistance seen back in place from above
$1.3170 through to $1.3200, with traders noting Monday institutional sell
interest in this area. The selling Monday capped upside at $1.3184 before rate
pulled back to $1.3127. Support remains in place around $1.3130. Focus this
morning on UK IP/Mfg, Trade and Construction data at 0830GMT. Traders note that
this will be the last 'hard data' release ahead of Q3 GDP data. 
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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