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Bearish Trend EURGBP breached...>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bearish Trend
EURGBP breached long-term trendline support at 0.8868, with bears looking for a
break of the 200-dma at 0.8840. A close below here would suggest a large topping
pattern is playing out, opening the ytd low at 0.8620. Bulls need to clear
0.8920 to return the focus to the upside, above here opens the double-top
resistance area at 0.8995/00, ahead of the ytd high at 0.9098.

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