Trades below Tuesday's low of $1.3114,........>

CABLE: Trades below Tuesday's low of $1.3114, extends low to $1.3110 as sterling

continues to feel the pressure ahead of today's key UK Q3 advance GDP data.

Minor demand seen into $1.3100, a break to expose stronger support between

$1.3087/80 ahead of $1.3060. Eur/Gbp moves up to retest its recovery highs of

Gbp0.89735. Concern if UK GDP misses the expected level of 0.3%QQ, which could

affect voting at next week's BOE MPC decision (most expect a hike of 25bp to

correct the emergency cut post Brexit referendum, a close vote could affect

outlook for future rate path). However, if data comes in at the expected level

it will lift some of the pressure off sterling, but Friday's Brexit exuberance

following positive comments from some EU officials seen fading.