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Fresh Session Lows After RBA's Lowe Speaks

EURO-STERLING: The cross continues to perform well and remains well within range
of some key technical levels having crossed the 200- (Gbp0.8826) and 50-DMA
(Gbp0.8858) already today. The Jan8 high at Gbp0.8880 is the most immediate
level of resistance, but the 100-DMA sits just above at Gbp0.8908. The cross
remains a good 60 pips off the year's best levels. 
MNI London Bureau | +44 203-865-3809 |