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Based Ahead of 0.8950 Having....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Based Ahead of 0.8950
Having breached the 21-dma yesterday, EURGBP formed a solid base ahead of
0.8950. Bulls look for a weekly close above 0.9000 to regain control, with
recoveries above 0.9071 needed to return focus to the upside. Bears now need to
close back below 0.8940/49 to shift the outlook bearish and target the August 14
low at 0.8897.

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