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Bullish Focus Still In Place....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bullish Focus Still In Place
*RES 4: 0.9187 61.8% Fibonacci retracement of the Mar - Apr decline
*RES 3: 0.9183 2.0% 10-dma envelope
*RES 2: 0.9086 50.0% Fibonacci retracement of the Mar - Apr decline
*RES 1: 0.9079 High Jun 23
*PRICE: 0.9059 @ 05:28 BST Jun 25
*SUP 1: 0.8950 Low Jun 18
*SUP 2: 0.9007 Low Jun 19
*SUP 3: 0.8912 Low Jun 16 and key near-term support
*SUP 4: 0.8907/64 50-day EMA / Low Jun 9
EURGBP is unchanged and maintains a bullish structure. A positive outlook
follows gains achieved last week and Friday's move through 0.9055, May 29 high.
The focus is on 0.9086 next, a Fibonacci retracement. Firm support has been
defined at 0.8912, Jun 16 low where a break is required to dampen the bullish
mood and even signal a potential reversal. This would open the 0.8907, the
50-day EMA and 0.8864, Jun 9 low.

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