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Sterling pares gains as cable moves back to...>

CABLE
MNI (London)
CABLE: Sterling pares gains as cable moves back to retest Wednesday's low of
$1.3087, touches $1.3085 as Eur/Gbp makes a fresh appearance back above
Gbp0.8860. Sales of Gbp/Jpy, along with reported Gbp/Chf sell interest, said to
have driven this correction. However, traders note that cable again seen meeting
support in this $1.3085 area, with further support seen down to $1.3070. 
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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