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Extends corrective pullback to........>

EURO-STERLING
MNI (London)
EURO-STERLING: Extends corrective pullback to Gbp0.8935, after rate saw an
extended high of Gbp0.8954. Support seen at the earlier Asian low of Gbp0.8928.
Move seen Eur driven as cable edges back above $1.3080 and Eur/Usd looking set
to retest its earlier Asia low of $1.1686. Bids have been noted into $1.1680
with stops below which if triggered could place added downside pressure on the
Eur.
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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