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September 11, 2017 10:55 GMT
Recovery extends to $1.3222, after clearing...>
CABLE
MNI (London)
CABLE: Recovery extends to $1.3222, after clearing that earlier mentioned
resistance at $1.3207, though move holds just shy of its Friday high of $1.3223.
Break here to open a move toward $1.3250/70. Sterling strength allows Eur/Gbp to
break below reported strong support into Gbp0.9090, rate traded to Gbp0.9088.
The Gbp0.9090 level corresponds to E1.1000 which would be of interest to
corporates. Sterling holding gains at writing.
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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