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Bounces well ahead of 0.9016:...>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bounces well ahead of 0.9016:
*RES 4: 0.9276 High Aug 14
*RES 3: 0.9184/9207 High Aug 22 / Low Aug 8
*RES 2: 0.9131 Key resistance
*RES 1: 0.9123 High Aug 28
*PRICE: 0.9093 @ 15:47 GMT Sep 2
*SUP 1: 0.9016 Low Aug 27
*SUP 2: 0.9006/00 38.2% retrace of May 6 - Aug 12 rally / Round number support
*SUP 3: 0.8946 Low Jul 26
*SUP 4: 0.8908/8892 50% retrace of May 6 - Aug 12 rally / Low Jul 25
EURGBP was dragged lower at the end of Friday's session, appearing to break free
of the 50-dma's gravitational pull. 0.9016 now sits as key support and a break
below here would signal a resumption of the bear trend seen since early August.
A return lower would open 0.9000 and the late July lows of 0.8946 / 0.8892.
Gains above Wednesday's 0.9123 high would provide some relief from the existing
bearish threat and instead open 0.9184.

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