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Seen slowly paring back late Asia.....>

EURO-STERLING
MNI (London)
EURO-STERLING: Seen slowly paring back late Asia recovery gains, which had seen
rate trade back toward its earlier high of Gbp0.9264 into early Europe, off its
pullback low of Gbp0.9247, the rate having seen an opening low of Gbp0.9236 off
the late NY high of Gbp0.9266. Rate currently meeting support at that earlier
pullback low of Gbp0.9247, a break to expose that earlier low of Gbp0.9236. Move
seen as cable breaks back above $1.2900, currently trades around $1.2905. 
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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