The pair closed in NY Thursday at $1.6507 after rate had reversed off an intraday recovery high of $1.6570 to $1.6480 before it settled between $1.6495/1.6520 into the close. Euro-sterling, which had extended its corrective pullback away from recent highs of stg0.8400 to stg0.8329, settled back between stg0.8346/50 in Asia leaving cable to track euro-dollar moves in a fairly subdued, Tokyo holiday, market. Cable marked an early low of $1.6494 in Asia before edging to a high of $1.6520, turning lower into the Asian afternoon and eased back to settle between $1.6505/10 ahead of Europe. UK borrowing data is set for release at 0930GMT in an otherwise data light calendar. Cable support seen at $1.6480/70 ($1.6470 61.8% $1.6252-1.6823), a break to open a deeper move toward $1.6455/50. Resistance remains at $1.6520/25 ($1.6525 50%$1.6570-1.6480), a break to expose stops, which if triggered to allow for a move back up to $1.6536 (61.8%) ahead of $1.6550 ($1.6549 76.4%). Euro-sterling support remains at stg0.8330-20, resistance stg0.8365/75, stg0.8400
