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Optimism for a Brexit deal acted to...>

EURO-STERLING
MNI (London)
EURO-STERLING: Optimism for a Brexit deal acted to press the cross to an
extended low of Gbp0.8598 Wednesday but reported comments from the N.Irish DUP
that it cannot support current suggestions on Customs has knocked this
enthusiasm in European trade Thursday, taking the rate up to Gbp0.8682 and well
inside its 2.0% 10-dma envelope(currently at Gbp0.8652). Resistance seen at
Wednesday's high of Gbp0.8716 ahead of the base of the 1.0% envelope at
Gbp0.8741. 
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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