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0.88 Next Up EURGBP cleared.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: 0.88 Next Up
EURGBP cleared the Jan 17 low with bulls short-term focus on a weekly close
above 0.88. This brings the 200-dma into view at 0.8866, ahead of the 100-dma &
cloud base at 0.8870/72. Failure to convincingly hold above 0.8764 brings the
0.8700 level back into play. Below here would suggest a return to the Jan 25 ytd
low of 0.8617, opening the potential of a run at the 0.85 level.

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