Eur/gbp...0.9232... The pair has rebounded in European session in part due to the release of wider-than-expected U.K. trade deficit (-7.74bln vs consensus forecast of -7.45B). Stops abv 0.9250 are now in focus with more selling interest fm various parties noted at 0.9270/75 n 0.9290/00. On the downside, bids fm European sovereign accounts are seen fm 0.9205 down to 0.9170 with stops placed below latter lvl but more buying interest is building up at 0.9150/55.
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