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August 9 Highs In Sight A.......>

EURO-STERLING TECHS: August 9 Highs In Sight
A break above 0.8980 sent the pair surging to 0.9003 today as bulls set their
sights on the August 9 highs at 0.9031 and the major ascending channel top at
0.9050. Initial support is now placed at 0.8980, but a break below 0.8937 is
needed to shift the outlook neutral. A break below 0.8855 is needed to turn the
medium term outlook bearish.

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