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Breaks below the Asian base of........>

EURO-STERLING
MNI (London)
EURO-STERLING: Breaks below the Asian base of Gbp0.8700, as market probes for
stops, extends lows to Gbp0.8695. Next tech support seen at Gbp0.8693(61.8% 2017
range Gbp0.8314-0.9306) with bids likely into Gbp0.8690. Break here to open a
deeper move toward Gbp0.8652-40(Jun8-Jun9 lows). Rate currently trades back
around Gbp0.8700 at posting.
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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