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EURO-STERLING TECHS: Bulls Look To Defend 0.87
EURGBP continues to close above the 0.87 level despite trading below it over the
past two days, which keeps the outlook neutral for now. Bulls look to target the
50% Fibo of the recent downtrend & 200-dma at 0.8798/0.8834 to build on recent
momentum, before turning attention toward the 100-dma at 0.8881. Bears focus on
Tuesday's multi-month lows of 0.8656, below here opens the ytd low at 0.8621,
ahead of reported option-related support at 0.86.