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Extends the break below Gbp0.8905.....>

EURO-STERLING
MNI (London)
EURO-STERLING: Extends the break below Gbp0.8905 through Gbp0.8900 taking rate
to an extended low of Gbp0.8893. If move can be maintained sets the Jul30 low of
Gbp0.8881 as the next support of interest. Move sees cable break above its
resistance area of $1.3128/32(earlier intraday high and Tuesday NY recovery high
off $1.3090) to $1.3138. Next resistance in this pair seen between $1.3140/50.
Rate currently trades around $1.3132. 
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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