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0.90 turns key support..........>

EURO-STERLING TECHS
EURO-STERLING TECHS: 0.90 turns key support
Faltering ahead of 0.91 made EUR/GBP look slightly over-extended, and this
resulted in pullback (briefly) below the key 0.90 level. The sharp losses
Wednesday have called the recent bullish picture into question, with a recovery
above 0.9071 now needed for a U turn. Bears now need to close back below
0.8940/49 to take more heat out of the rally. Below here, a break of the Aug 14
low at 0.8897 is needed to shift the outlook neutral.

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