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EURO-STERLING TECHS: Bulls Challenging 0.88
The uptrend in EURGBP remains intact above 0.87 as bulls look to recover the
0.88 level to bring the 200 & 100-dma's into view at 0.8865/67. Above here opens
the 50-dma & 61.8% retracement level at 0.8902/21, ahead of the Dec 31 low at
0.8927. Bears need a downside break of 0.87 to return the focus to the Jan 25
ytd low of 0.8617.