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Back Below 0.90 We have.........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Back Below 0.90
We have fallen back below the 0.90 level on Thursday. Bears need to close below
0.90 to target the 100-dma at 0.8890 to suggest a reversal pattern is in play.
Bulls continue to target the heavily congested 0.9090/00 zone for the next leg
higher. This area also holds the GBPEUR equivalent of E1.10 which is seen as a
key psychological level.

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