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The recovery back inside the 1.0%.....>

EURO-STERLING
MNI (London)
EURO-STERLING: The recovery back inside the 1.0% 10-dma envelope now sees rate
closing in on its key technical 10-dma, currently at Gbp0.8372. While rate holds
below its keeps the recent bearish tone in place, a break and clear to negate
this and expose the top of the envelope, which by time comes in at Gbp0.8456.
Interim resistance seen at Gbp0.8388, Gbp0.8400.
- Base of the 1.0% envelope comes through at Gbp0.8205 with interim support
noted at GBp0.8282.  
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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