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Recovery off Friday low of $1.2208, as well...>

CABLE
MNI (London)
CABLE: Recovery off Friday low of $1.2208, as well as this morning's Asian base
of $1.2209, extends in early Europe (UK market market returning after a long
weekend) to $1.2242 as EUR/GBP breaks below Gbp0.9080 to Gbp0.9075. Cable
resistance seen at $1.2245/50, a break to open a move toward $1.2270. Support
remains back at $1.2208/1.2195. Next support in the cross seen at Monday's low
of Gbp0.9063.  
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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