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Sterling takes a slight knock as UK...........>

CABLE
MNI (London)
CABLE: Sterling takes a slight knock as UK Services PMI comes in below expected
level, actual 53.5 vs median forecast of 54.7 and last 55.1. Cable dips back to
$1.2980, though holds off in this initial reaction to challenge the recently
posted low of $1.2976. Sterling buyers move into the dip as cable claws its way
back to $1.2985. 
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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