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Accelerating Uptrend EURGBP.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Accelerating Uptrend
EURGBP has broken higher through the March 6 high at 0.8968 and a close above
here would open the way to 0.9033. The upper end of the major ascending channel
intervening at 0.8993 is currently being pressured. Bears need to break back
below 0.8880 to shift the short-term outlook back to neutral, with a close below
0.8855 to turn the outlook bearish.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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