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Sterling gains a boosts as BOE MPC hikes......>

CABLE
MNI (London)
CABLE: Sterling gains a boosts as BOE MPC hikes rates by 25bp, as widely
expected, with the vote split for the move at 9-0. Cable jumped to $1.3125, as
EUR/GBP continued its morning easing through support at Gbp0.8865 to Gbp0.8856.
Market had seen well positioned for a strong sterling react with profit take
sales now countering the react move. Cable trades back at $1.3103, EUR/GBP
around Gbp0.8865. 
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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