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EURO-STERLING: Westpac have entered a short EUR/GBP trade at GBP0.8950 during
the early part of this week, with a target of GBP0.8770 and stop at GBP0.9010.
- Westpac note that there "is a lull in key data in both UK and Eurozone, other
than EZ CPI, into next week and pre-G20 geopolitics will dominate. The shifting
of positioning towards USD should continue to be a key driver in major FX but
also the lack of headline Brexit news is likely to allow GBP to continue its
recent consolidation after weakening during the initial stage of the Tory