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Remains Vulnerable


Pierces Trendline Resistance


(V2) Bearish Engulfing Candle


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MNI (London)
EURO-STERLING: Punched to an extended low of Gbp0.88775 into release of UK
Construction PMI, any reaction to the stronger than forecast release (55.8 vs
Jun53.1) met profit take demand which countered the move and has taken rate back
up to Gbp0.8887. Next technical support seen at Gbp0.8865. Resistance remains
into Gbp0.8900.  
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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