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Large buyer emerges to take the.......>

EURO-STERLING
MNI (London)
EURO-STERLING: Large buyer emerges to take the cross through Gbp0.8900, extends
recovery to Gbp0.8910. Traders are aware that Barclay's short Eur/Gbp TOTW has
its stops at Gbp0.8910. Break here to expose Gbp0.8912(61.8% Gbp0.9022-0.87335)
ahead of Gbp0.8934-38(Nov3-2 highs). Move took cable briefly under its next
support of $1.3070, touched $1.3068, currently around $1.3071. If rate can clear
lower seen opening potential for a move toward the Oct6 low of $1.3027. 
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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