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Making a show under $1.2900, touches..........>

CABLE
MNI (London)
CABLE: Making a show under $1.2900, touches $1.2899 and holding heavy at
writing. Move seen in tandem with EUR/USD, as EUR/GBP slowly nudges higher,
currently around Gbp0.8576 and close to its key 10-dma (Gbp0.8578). A break and
clear below to open a deeper move toward $1.2878/77(21-dma/50% $1.2769-1.2985).
Mix of risk aversion and reaction to the stronger than expected showing of
Corbyn in last night's debate with PM Johnson(Johnson was seen to have won the
debate 51%-49%).  
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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