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Gbp/Jpy briefly made a show under..........>

STERLING
STERLING: Gbp/Jpy briefly made a show under Y150.00, before dip buyers were
quick to emerge with the rate extending to the Y150.15/20 area. Downside support
remains at Y149.42 (50% Y144.99-153.85), ahead of the key 200-dma at Y149.10.
Gbp/Usd dipped to $1.3713 on the move before finding support from the Mar1
low/2.0% envelope 10-dma at $1.3712/11. Last $1.3731. Meanwhile, Eur/Gbp holds
near the lower end of its Gbp0.8790-0.8827 range. The 100-dma (Gbp0.8812) will
be watched on a closing basis today.

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