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Holding On To Recent Gains


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Tight Pre-FOMC Asia Trade


Short-Term Resistance Intact

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MNI (London)
EURO-STERLING: Corrective pullback away from earlier extended recovery high of
Gbp0.8841 moves down to Gbp0.8809 as sterling gained a boost from positive
Brexit comments from the Irish Foreign Minister(concerning progress on the Irish
border). Cross support seen into its early Europe dip low of Gbp0.8802, with
demand suggested in place to Gbp0.8800. Below the figure and rate expected to
meet further support between its Asian low of Gbp0.8789 through to Gbp0.8780. 
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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