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Bullish Break EURGBP broke......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bullish Break
EURGBP broke out of its sideways trend yesterday, hitting fresh Feb highs to
shift the outlook bullish. The upside target is now the 200-dma at 0.8865, ahead
of the Jan 16 high & 50-dma at 0.8889. On the downside 0.8725 is providing some
support with the 0.87 level providing the next target for bears. This comes
ahead of a return to the Jan 25 ytd low at 0.8617.

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