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Breaks and clears below the 200-dma...>

EURO-STERLING
MNI (London)
EURO-STERLING: Breaks and clears below the 200-dma at Gbp0.8795 with added sales
triggered in the move taking the rate to a fresh intraday low of Gbp0.8784. Next
support seen at Gbp0.8768(Nov2 low) ahead of stronger interest at Gbp0.8756/55.
Move provides cable with some lift, the rate again finding decent support into
the $1.3450 area, while Eur/Usd seen heavy.  
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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