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Pressed down to make a show under $1.2800,....>

CABLE
MNI (London)
CABLE: Pressed down to make a show under $1.2800, the rate touched $1.2799
before edging back to current level around $1.2806. Further demand seen into
$1.2790 with stops suggested on a break below. Move seen as Eur/Gbp continues
its recent climb, trades to Gbp0.9195 and seen threatening the much anticipated
Gbp0.9200 level. Stops above here also suggested. 
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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