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Having touched a high of $1.3285 in early.....>

MNI (London)
CABLE: Having touched a high of $1.3285 in early Europe trade(Asia high $1.3281)
the rate has since reversed and is currently looking set to challenge the Asian
low of $1.3249. A break below here to expose the Jul10 low of $1.3224. Move seen
USD strength led as USD/JPY extends its recovery to Y111.19(Asia Y111.14) and
EUR/USD gets pressed down to $1.1703(Asia low $1.1724). 
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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