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Rate breaks the overnight (early Asia) lows...>

CABLE
CABLE: Rate breaks the overnight (early Asia) lows of $1.4083 and falls through
medium support at the 
$1.4080 level. $1.4051 is seen as the next level of support, marking the 76.4%
$1.3980-1.4279 move. Poor services PMI release has weighed on the pair for the
past two hours or so and US carrying on the move in early NY. Jan29 lows at
$1.4025 could also prove supportive.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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