• Cable fell to 1.3191 in Asia as EUR/USD slid to 17-month low of 1.1161

• EUR/GBP simultaneously fell to 0.8461 in Asia, its lowest level since July

• Euro negatively impacted by French fiscal woes, early Spanish election risk

• 1.3191 is the lowest level for GBP/USD since Friday's 1.3256 high

• Support points include 1.3182 (Thursday's 3-month low) and 1.3140 (June low)

• CFTC data: net GBP short rose 10% to 91,075 (3-month high) in week to Sept 29

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(Robert Howard is a Reuters market analyst. The views expressed are his own)