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Based ahead of Uptrend..........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Based ahead of Uptrend Support
Failure to close below 0.89 halted EURGBP's decline. Bears need a break below
here to cement the downtrend and turn focus toward uptrend support at 0.8887,
ahead of the 100-dma/Aug 2 low at 0.8860/54. Bulls now need to close above
0.8950 to shift the short-term outlook back to neutral, while a break above
0.9052 is needed to challenge the 0.9100 area which holds the YTD high at
0.9098.

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