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Rate buoyed by both the generally.....>

EURO-STERLING
EURO-STERLING: Rate buoyed by both the generally weaker dollar (despite starting
the day higher) and the poorer than expected UK GDP figures. EUR/GBP touched a
high of Gbp0.8855, but a break above there would open up a move toward the
100DMA and Feb20 highs at Gbp0.8857/70 before the 200DMA and Feb16 highs at
Gbp0.8880/88.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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