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The break back above Gbp0.8900........>

EURO-STERLING: The break back above Gbp0.8900 triggered renewed demand from
momentum-type accounts to multi-month highs of Gbp0.8904, before fading. Despite
this, pullbacks have so far remained shallow and keeps the recent uptrend
intact. Next resistance is seen at Gbp0.8932/45 from the Upper Bollinger band
(2%) & upper 1.0% 10-dma envelope, above here opens the 76.4% retracement of the
Jan-Mar fall at Gbp0.8958. 
- UK data includes GDP, Mfg/IP and Trade at 0830GMT.
- BOE Haldane speaks at 0930GMT, BOE Saunders at 1700GMT.

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