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The weakness in GBP/USD manages to take....>

STERLING
STERLING: The weakness in GBP/USD manages to take out earlier lows just as
EUR/GBP grinds up to Gbp 0.88665. Rate appears to be coming under pressure ahead
of the Jan10/Jan8 high at Gbp 0.8873/75, a break of which would open up a move
toward the 100DMA at Gbp 0.8904. ECB minutes due in just under one hour's time
at 1230GMT. 
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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