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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 but has
retraced all of Friday's losses and moved above Friday's high. In spite of this,
the outlook for EURGBP continues to look bearish, 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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