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Met decent resistance at $1.3250, as rate.....>

CABLE
MNI (London)
CABLE: Met decent resistance at $1.3250, as rate extended the recovery off
Friday's sharp pullback low of $1.3170/Asia low of $1.3189. Rate currently
trades around $1.3243. Traders will be wary, recent recovery rallies in sterling
have drawn sharp pullbacks, 1000GMT fix Wednesday, 1100GMT fix Friday. 
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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