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Stretched recovery to Gbp0.87875......>

EURO-STERLING
MNI (London)
EURO-STERLING: Stretched recovery to Gbp0.87875 before turning lower with rate
now looking set to retest the Asian base of Gbp0.87725. Break here to expose
Gbp0.8766-60(38.2%-50% retrace of the recovery from Wednesday low of Gbp0.87335
to Gbp0.87875) ahead of the 200-week ma at Gbp0.8759. 
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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