Rate was pressed down to a low Monday of......>

CABLE: Rate was pressed down to a low Monday of $1.3028, from an early Asian

high of $1.3134 only to recover to $1.3097 ahead of the close. Asia

consolidation between $1.3086/94 for most of the session before it lifted to

$1.3106 ahead of the European open, only to be pressed back to $1.3091 in early

European dealing. Tech traders late Monday noted a buy signal triggered and

suggested it could expose $1.3170. Awaiting confirmation of this call. A light

UK domestic data calendar Tuesday. BOE Broadbent testifies to parliament at

1435GMT. Cable resistance noted into Monday's high of $1.3134, a break to expose

next resistance area between $1.3154/64. Support $1.3085/80, $1.3055/50 and

Monday's low of $1.3028.