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Consolidation continues in this.......>

EURO-STERLING
MNI (London)
EURO-STERLING: Consolidation continues in this cross with trade Wednesday
contained within a basic Gbp0.8830-60 range, Asia overnight hemmed in by
Gbp0.8838-50. USD plays remain to the fore as the US/China trade spat continues.
The 10-dma comes through today at Gbp0.8842, which the rate is currently
clinging to, topside of the 1.0% envelope around at Gbp0.8931, base at
Gbp0.8754. 
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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