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Plays catch up on EUR/USD's earlier...........>

CABLE
MNI (London)
CABLE: Plays catch up on EUR/USD's earlier stronger recovery, move seen as
EUR/GBP backs away from its traded recovery high of Gbp0.8916, currently around
Gbp0.8906. Cable has edged up to $1.3151, currently around $1.3148. Next
resistance levels noted at $1.3163, $1.3182 (61.8%, 76.4% of $1.3212-1.3083
respectively). As mentioned in the earlier EUR/USD bullet, month-end models
showing strong USD sell signals at tomorrow's fixes. 
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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