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Recovery away from Monday's low of $1.3432....>

CABLE
MNI (London)
CABLE: Recovery away from Monday's low of $1.3432 extends to $1.3498, currently
around $1.3492. Resistance seen into $1.3500, with hourly resistance now noted
between $1.3520/35. Recovery outpaces Eur/Usd correction and keeps downside
pressure on Eur/Gbp. Cross has extended its lows to Gbp0.8780, but so far holds
off key support level of Gbp0.8775/70. 
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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