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As the GBP recovery gathers pace, EURGBP...>

STERLING
STERLING: As the GBP recovery gathers pace, EURGBP moves through short-term up
trendline support off the Jan 25 low to Gbp0.8739. Next support is seen at
Gbp0.8720/15 which represents the 50% retracement of Gbp0.8618-0.8822 & Jan 30
low). GBPUSD improves to $1.2968 targeting a topside break of the 200-dma at
$1.3026.   

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