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GBP upside continuing here with the........>

STERLING
STERLING: GBP upside continuing here with the 200-wma now giving way at 1.3087
to hit a new post-election high. GBP the only material mover here in G10FX with
markets reflecting positively on the interview with EU's Von der Leyen earlier
this morning - who stated her willingness to consider a transition period
extension with the UK at the midpoint of next year - an act that would deter or
delay and hard Brexit scenario at end-2020.
- The 50-month moving average sits above at 1.3206 before resistance clears up
to 1.3306, the upper 2.0% 10-dma envelope.

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