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2018 Lows Providing Near-Term...>

EURO-STERLING TECHS
EURO-STERLING TECHS: 2018 Lows Providing Near-Term Support
EURGBP ran into support just below the 2018 0.8621 low on Friday. However,
EURGBP continues to look bearish as recovery efforts have failed to gain
traction, keeping the near term focus on the 0.8617 Friday low. A close below
here opens a run at the 0.85 level, ahead of the 200-wma at 0.8434. Bulls need
to clear up trendline support turned resistance around the 0.8700 level,
bringing the 200-dma back into play at 0.8866.

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