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The cross remains just below..........>

EURO-STERLING
EURO-STERLING: The cross remains just below yesterday's highs (post-minutes
reaction) of Gbp 0.89125 and a break could expose the first major resistance
level of Gbp 0.8924 (Jan4 high). Those looking for further gains in the cross
will be eyeing this level carefully - a close above here would confirm a break
and focus would then turn to the Nov28 highs at Gbp 0.8981 as the next target.
Calendar's light today barring Italian Industrial Production figures in 30
minutes. 

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