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Continues to hold close to its........>

EURO-STERLING
MNI (London)
EURO-STERLING: Continues to hold close to its 10-dma, today coming through at
Gbp0.8898, and while rate holds below should provide a mild negative tone(no
major reaction to Thursday's Barnier comments). However, month-end approaching
next week which could see cross demand emerge to provide a counter. Support
noted from Gbp0.8865 through to Gbp0.8850. The base of the 10-dma 1.0% envelope
comes through at Gbp0.8809. Resistance  Gbp0.8890/95, a break of Gbp0.8900 to
expose the Jul24 high of Gbp0.8927. Topside of the 10-dma 1.0% envelope today at
Gbp0.8987. 
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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