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Cross seen meeting resistance at......>

EURO-STERLING
MNI (London)
EURO-STERLING: Cross seen meeting resistance at the Gbp0.8900 level, 61.8%
Gbp0.9032-0.8687, allowing cable to move lower in tandem with Eur/Usd as the
latter seen playing catch up on the corrective pullbacks/Usd recovery. A break
of Gbpp.8900 to open a move toward Gbp0.8930(Jan12 high). Cable has extended
lows to $1.3864, currently around $1.3880 as the cross again get rejected from
the Gbp0.8900 level, currently trading around Gbp0.8888. 
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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