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Bearish Break EURGBP dropped....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bearish Break
EURGBP dropped to its lowest level since May 2017 yesterday, closing below the
Jan 25 low to suggest a major topping pattern is now in play. The 38.2%
retracement comes in at 0.8468 ahead of the April 21, 2017 low at 0.8314. Bulls
need to recover the 0.87 level to improve the outlook and target prior range
lows around 0.8750. Above here would bring the 100 & 200-dma's back into view at
0.8847/62.

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