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Bulls Look To Recover 0.87......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bulls Look To Recover 0.87
Bulls are looking to clear up trendline support turned resistance around the
0.8700 level, which would bring the Jan 17 low at 0.8764 into focus ahead of the
200-dma at 0.8865. That said, the bigger picture outlook for EURGBP continues to
look bearish, keeping the near term focus on the 0.8617 Friday low. A close
below here opens a run at the 0.85 level, ahead of the 200-wma at 0.8434. 

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