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Uptrend remains in place, though......>

EURO-STERLING
MNI (London)
EURO-STERLING: Uptrend remains in place, though momentum has noticeably slowed.
Like Monday the cross is currently hugging its 10-dma, today at Gbp0.8961 and
awaiting a move away to determine next direction. Strong resistance topside
remains toward Gbp0.9000, a break here to expose the topside of its 1.0% 10-dma
at Gbp0.9051. Base of the envelope today at Gbp0.8871. 
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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