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Back Under 0.8900 EURGBP........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Back Under 0.8900
EURGBP witnessed a sharp retracement off highs of 0.8945 with a move back under
0.8900 on the Article 50 headlines. The short-term outlook remains neutral with
bears looking for a close below the 200-dma at 0.8837 to regain control. Bulls
need to recover the 0.89 level, returning the focus to the double top resistance
area at 0.8945/50, ahead of the 76.4% retracement level at 0.8994.

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