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Sterling coming under some mild downside......>

CABLE
MNI (London)
CABLE: Sterling coming under some mild downside pressure, though able to ease
cable to a fresh intraday low of $1.2973 (Asia low $1.2974, holding heavy at
writing. Eur/Gbp has edged back above Gbp0.9060 and back inside its earlier
Asian range of Gbp0.9060-69, after touching a low of Gbp0.9052 early Europe.
Cable support noted into $1.2970, stronger interest remaining in place on
approach to $1.2950. 
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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