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EURO-STERLING TECHS: Bears In Control
EURGBP took out short-term up trendline support yesterday which brings the 0.87
level back into view, ahead of a return to the Jan 25 ytd low at 0.8617. Bulls
need to recover the 0.88 level to build on recent momentum, above here opens the
Feb 5 high & 100-wma at 0.8822/31, ahead of the 100 & 200-dma's at 0.8864/65.