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0.90 Next Key Resistance........>

EURO-STERLING TECHS
EURO-STERLING TECHS: 0.90 Next Key Resistance
EURGBP touched highs of 0.8898 on Friday, before meeting resistance from the
50-dma. A break above here and the 0.8900 level would provide further positive
momentum for bulls, with 0.8916 the next obstacle ahead of the Sep 24 high of
0.8997. Bears need to close back below up trendline support & the 200-dma at
0.8843/36 to shift focus back to the downside.

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