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Recovery gets pulled along by EUR/USD's.......>

CABLE
MNI (London)
CABLE: Recovery gets pulled along by EUR/USD's rally, as EUR/GBP edges away from
its low of Gbp0.9001 (current around Gbp0.9010). Cable stretched to $1.2752 at
the fix with underlying tone retaining a buoyant feel at writing, whilst EUR/USD
holds close to its high of $1.1490. Resistance seen at the June9/11 highs of
$1.2755, a break here to open a move toward $1.2780, though EUR/GBP could
provide a counter. 
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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