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Made a show under Gbp0.8800, trades...>

EURO-STERLING
MNI (London)
EURO-STERLING: Made a show under Gbp0.8800, trades to Gbp0.87975 as rate was
seen tracking Eur/Usd slippage whilst cable continues to be anchored close to
the $1.3150 level (holds strike of an expiring option for today's cut Gbp829mn).
Next support of note seen at Gbp0.8784/81  (Nov1 high/76.4% stg0.8733-0.8938)
with the 200-dma behind at Gbp0.8764 beginning to get more mention. Rate
currently trades just above Gbp0.8800. 
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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