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Back Above 0.89 EURGBP..........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Back Above 0.89
EURGBP recovered the 0.89 handle with ease, accelerating the move to 0.8920.
Bulls need to clear the Jun 11 high to reignite upside momentum, before
challenging the 2% upper Bollinger band & 76.4% retracement of the Jan-Mar fall
at 0.8937/53. Bears look to clear 0.8870/75, before returning the focus to the
breakout point at 0.8850. Below here opens broken pivotal
resistance-turned-support at 0.8825, ahead of the 200-dma at 0.8781.

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