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EURO-STERLING: Touched an early high of Gbp0.8930 in Europe, extended the
topside of the earlier Asian high of Gbp0.89155 as well as breaking above the NY
recovery high of Gbp0.8923(off Wednesday low of Gbp0.8880. Hourly resistance
noted in the cross between Gbp0.8935-50. Rate currently trades around Gbp0.8928.