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Briefly Above 0.9000 EURGBP.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Briefly Above 0.9000
EURGBP briefly traded above 0.9000 in Asia, the cross touched 0.9003 before
fading. Bulls need to consolidate back above this level to challenge the August
9 highs at 0.9031 and the major ascending channel top at 0.9050. Initial support
is now placed at 0.8940, but a break below the Aug 14 low at 0.8897 is needed to
shift the outlook neutral.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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