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EURO-STERLING TECHS: Back on The Defensive
EURGBP breached the recent range low, edging below 0.87 for the first time since
late January. Below here returns the focus to the Jan 29 low at 0.8656, ahead of
a run at the ytd low at 0.8617. Bulls need to clear the 0.88 level before
challenging the Feb 14 high at 0.8840. Above here brings the 100 & 200-dmas at
0.8854/64 back into view.