Good support in the $1.3184/80 area...........>

CABLE: Good support in the $1.3184/80 area Thursday kept cable buoyed through

this session, recovery in NY held just off the earlier high of $1.3247, met

resistance at $1.3240 ahead of the close. Rate marked a low of $1.3226 into Asia

before it edged to $1.3244, matching Thursday's Asian high, but move again ran

into resistance said to be placed into $1.3250. Early Europe pressed rate back

to retest the opening low, currently around $1.3230. This weekend looks to be

when the real hard work is done as regards the UK Govt garnering support for a

Brexit deal. Some suggestions an announcement could come as soon as Monday.

Threats by the DUP and Conservative MP's have been brushed aside as sterling

retains an underlying positive tone. This tone was given some added help as

equity markets in Asia steadied, which in turn eased the recent risk aversion.

No major data Friday with attention on US Q3 earnings from Citi, JPM and Wells

Fargo pre NY open. Market to watch for equity market reaction. Cable resistance

$1.3245/50, $1.3275/80. Support $1.3226, stronger at the mentioned $1.3184/80

area.