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Having broken below the Gbp0.90.......>

EURO-STERLING
EURO-STERLING: Having broken below the Gbp0.90 level yesterday, the cross has
posed little threat to the handle having topped out at Gbp0.8993 in the European
morning. EUR/GBP now comfortably sits below the Gbp0.8972 21-dma and the rate
now eyes Gbp0.8949 support. A break below there would open up a move toward the
50-dma at Gbp0.8908. 

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