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Sterling reacted negatively to the......>

CABLE TECHS
CABLE TECHS: Sterling reacted negatively to the Moody's downgrade of UK debt
(see bullet at 4:50 pm ET).
- Cable fell from about $1.3522 to a new intraday low of $1.3451 in response to
the news, before recovering to close around $1.3504.
- The pair had posted a high near $1.3596 earlier Friday.
- The Sept. 20 high near 1.3657 was the highest since early June 24, the day
after Brexit, when the pair traded in a wide $1.3229 to $1.5018 range.

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