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Tight range in Asia saw rate..........>

EURO-STERLING
MNI (London)
EURO-STERLING: Tight range in Asia saw rate consolidate around Gbp0.8900 with
early trade extending the base to Gbp0.8895 before it edged back above the
figure to Gbp0.8904. Sterling continues to enjoy an underlying buoyant tone
following positive Brexit comments from some EU officials Friday. Cable remains
buoyed above $1.3200, having been pressed back to $1.3203, off its Asian high of
$1.3227, in early European trade. A break of Gbp0.8890 to expose next support at
Gbp0.8860/50. Resistance Gbp0.8940/50. 
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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