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

EURO-STERLING TECHS: Bulls Look To Recover 0.87
The bigger picture outlook for EURGBP continues to look bearish but in the
short-term, bulls are looking to clear up trendline support turned resistance
around the 0.8700 level. A break above here would bring the Jan 17 low at 0.8764
into focus ahead of the 200-dma at 0.8865. To the downside, Friday's low of
0.8617 will provide initial support and a close below here would open a run at
the 0.85 level.

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