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Cable left behind by the early........>

EURO-STERLING
MNI (London)
EURO-STERLING: Cable left behind by the early risk-on demand seen in EUR pairs,
led by EUR/JPY, which in turn sees EUR/GBP edge back toward Gbp0.8900. Rate had
traded in Asia between Gbp0.8972-92. Resistance in the cross seen at
Gbp0.8900/04, a break to expose Gbp0.8928/31. Support remains back at
Gbp0.8874/72(cloud base/earlier low). Base of the 1.0% 10-dma envelope today
comes through at Gbp0.8835, 10-dma Gbp0.8924. 
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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