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Oil extends gains

CROSS ASSET
  • WTI is pushing higher, yesterday's EIA draw and cold weather, is keeping Oil underpinned.
  • Next resistance in WTI is at $79.73 - 50-day EMA
  • Cross assets, Govies, Equities and FX, sees a mixed price action, as we head towards Christmas.
  • The Pound is seeing a round of selling against the EUR and the USD.
  • EURGBP targets 0.8800, while resistance is seen at 0.8829 High Nov 09 and the bull trigger.

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