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Sterling under pressure as cable squeezes.....>

CABLE
MNI (London)
CABLE: Sterling under pressure as cable squeezes back from early Europe high of
$1.2813, through $1.2800 to extend intraday lows to $1.2796 (Asia range
$1.2797-1.12810). Rate currently trades around $1.2798. Eur/Gbp bounce off
extended lows of Gbp0.91975 to Gbp0.9207 seen providing the lead pressure on the
pound. 
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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