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At Lows Ahead Of China Data

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Implied Vols Soften

CABLE
MNI (London)
CABLE: MNI KEY LEVELS
*$1.2438    May11 high
*$1.2377    May12 high
*$1.2363    May26 high
*$1.2354    May27 high
*$1.2346    Upper 1.0% 10-dma envelope
*$1.2305/06 21-dma/50-dma, Cloud top
*$1.2273/76 55-dma/Intraday high
*$1.2250 ***CURRENT MARKET PRICE 05:29BST THURSDAY***
*$1.2249    Intraday low
*$1.2239    Cloud base, 100-hma
*$1.2228    200-hma
*$1.2206/05 May27 low/Rising trend support Mar20
*$1.2162    May22 low
*$1.2110    Mar14-2017 low
*$1.2102    Lower 1.0% 10-dma envelope
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com