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GBP breaks down further still,........>

EURO-STERLING
EURO-STERLING: GBP breaks down further still, prompted by the climb above
Gbp0.9000 in EUR/GBP for the first time since November last year. Option-linked
resistance ahead of the Gbp0.90 level is erased on the move up to Gbp0.9007.
Further resistance seen at the Gbp0.9033 level, marking the 12 Oct 2017 high on
any break of the Gbp0.9015 15 Nov 2017 high and 1.618% swing line for the
Gbp0.8958-0.8865 move.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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