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Bearish Reversal EURGBP.........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bearish Reversal
EURGBP failed to hold above 0.89 yesterday as selling pressure saw the pair post
a bearish reversal back through the 200-dma. Bears now target a break of the
0.88 level to extend the corrective pullback towards the Oct 10 lows at 0.8723.
Bulls need to recover 0.89 to return the focus to the upside and challenge the
Oct 30 high & cloud base resistance at 0.8935/48.

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