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Recovery off the late European morning low....>

CABLE
MNI (London)
CABLE: Recovery off the late European morning low of $1.3211, seen into the
1100GMT fix as Eur/Gbp spiked up to Gbp0.88845, extends to make a show back
above $1.3250. However, rate struggles to gain a toe hold here with rate
currently trading around $1.3245. Resistance seen at the earlier high of
$1.3267.  
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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