Daily Insight

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08 February 2006

Sterling continues to suffer versus the Euro and Dollar...

Sterling continues to suffer versus the Euro and Dollar, and this morning's Industrial & Manufacturing Production data should give us a clear indication of whether the continued slide has been justified.

GBPEUR - Support 1.4535, 1.4500 then 1.4350
Resistance 1.4610, 1.4735

GBPUSD - Support 1.7400, 1.7315
Resistance 1.7512, 1.7800

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