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Backs away from its retest of.........>

EURO-STERLING
MNI (London)
EURO-STERLING: Backs away from its retest of Gbp0.89595(Jul25 high) as rate
tracks Eur/Usd moves, this latter rate having extended its recovery high to
$1.1722, currently around $1.1714. Eur/Gbp trades around Gbp0.8952. Offers
remain at Gbp0.89595-0.8960 with stops suggested on a break above. 
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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