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Cross so far holding just above its...>

EURO-STERLING
MNI (London)
EURO-STERLING: Cross so far holding just above its 10-dma, currently coming
through at Gbp0.8564 and seen reflecting the current underlying defensive tone
in sterling ahead of tonight's release of the YouGov MRP UK Election Model
(2200GMT). Rate currently trades around Gbp0.8570 with resistance noted between
Gbp0.8580/85 ahead of Gbp0.8600/10 and Gbp0.8640/50. Support Gbp0.8564,
Gbp0.8530/20. 
- Base of 1.0% 10-dma envelope Gbp0.8479/10-dma Gbp0.8564/Top of 1.0% envelope
Gbp0.8650. 
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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