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Bulls Target 55-DMA EURGBP......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bulls Target 55-DMA
EURGBP comfortably holds above the 0.86 level to keep topside focus on the
55-dma & channel top resistance at 0.8643/53. A break would see bulls target a
run at the 0.87 level, ahead of the Mar 21 high at 0.8723. Bears need a close
back under 0.86 to open the Apr 5 low & 61.8% retracement level at 0.8557/54.
Below here extends the broader downtrend towards the 0.8500 area.

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