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Sterling continues heavy in early Europe......>

CABLE
CABLE: Sterling continues heavy in early Europe with a move back under $1.32 to
extended session lows of $1.3184. Near-term support is seen at $1.3165 from the
50% retracement of $1.2949-1.3381, a break opens the Mar 20 low at $1.3147.
- GBPJPY extends the corrective pullback to Y145.60 opening the 76.4%
retracement of Y143.72-148.87 & 200-dma at Y144.94/66.
- Focus on UK Retail Sales at 0930GMT, followed by the BOE rate announcement at
1200GMT. 

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