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Early demand for Eur/Gbp allows.......>

EURO-STERLING
MNI (London)
EURO-STERLING: Early demand for Eur/Gbp allows rate to break out of its earlier
Asian range of Gbp0.8871-80, the rate edging on to Gbp0.8887 but so far holding
off a retest of the NY high of Gbp0.88905. Resistance was noted around
Gbp0.8890, a break to expose Gbp0.8905/08. Move has cable under pressure, the
rate easing back to retest its Asian low of $1.3315. 
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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