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Sterling seen leading the recovery....>

EURO-STERLING
MNI (London)
EURO-STERLING: Sterling seen leading the recovery vs the Usd as cable pushes up
to $1.4235 as rate extends further its recovery off Thursday's sharp pullback
low of $1.4084. Cable's move outpaces Eur/Usd and allows Eur/Gbp to quickly
reverse its early push up to Gbp0.8768 with rate breaking under its earlier
Asian low of Gbp0.8755 to Gbp0.8748. Hourly support noted between Gbp0.8735/25. 
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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