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Rate touches fresh lows on the session........>

CABLE
CABLE: Rate touches fresh lows on the session having made a clear break through
the $1.27 level. YTD lows now within touching distance at $1.2659. Latest wave
of GBP sales follows various wires citing sources and stating that Theresa May's
meaningful vote is now as good as delayed. Any fall through the $1.2650 level
would see bears eye 1.0% 10-dma envelope at $1.2627 ahead of reported support at
$1.26.
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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