Recovery off Monday's fresh YTD low of........>

CABLE: Recovery off Monday's fresh YTD low of $1.2015 extended to $1.2106 at the

NY open before momentum faded. Rate found support ahead of $1.2060 before it

settled between $1.2075/80 into the close. Rate marked a high in opening, thin

Asian trade at $1.2095 before rate slowly drifted lower through the balance of

the session to $1.2063. Europe provided the added weight to take it through

$1.2060, though has only extended the intraday base to $1.2053. However, rate

retains a heavy tone at writing.

Support seen at $1.2050(61.8% retracement of Monday's recovery from $1.2015 to

$1.2106), a break to expose $1.2036(76.4%) ahead of $1.2015/00. Resistance

$1.2080, $1.2100/10. 

- UK Employment report at 0830GMT provides domestic focus, though Brexit

headlines overshadow.