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Sterling under mild pressure in early.........>

CABLE
MNI (London)
CABLE: Sterling under mild pressure in early European trade, cable pressed to
extended low of $1.3020 (Asia range $1.3027-44) while Eur/Gbp has edged to
Gbp0.9155 (Asia Gbp0.9135-0.91465). A break of $1.3020 to expose Tuesday's
pullback low of $1.3002, with bids likely placed into $1.3000. Resistance in the
cross seen further up at Gbp0.9175/80. 
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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