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Continues to pivot Gbp0.8900 though...>

MNI (London)
EURO-STERLING: Continues to pivot Gbp0.8900 though picking up some demand
interest in early Europe as it nudges back toward the overnight Asian high of
Gbp0.8915. The close on Friday above Gbp0.8900 seen by some to support another
run toward recent highs of Gbp0.8920, Gbp0.8930-33. Rate continues to track the
top end of the 1.0% 10-dma envelope, the 10-dma currently coming though at
Gbp0.8892, 1.0% at Gbp0.8981. 
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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