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EUR/GBP also seen reflecting the......>

MNI (London)
EURO-STERLING: EUR/GBP also seen reflecting the current pressure on the pound,
the bounce away from the base of its 1.0% 10-dma envelope taking it through the
10-dma (current Gbp0.8982) and making a show above Gbp0.9000 in Asia. Some
resistance in the cross seen to Gbp0.9010, a break to expose the recent high of
Gbp0.9051, as well as bringing the topside of the envelope, currently at
Gbp0.9072. Support Gbp0.8970 ahead of Gbp0.8950. 
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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