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Bulls Targeting 0.87 EURGBP.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bulls Targeting 0.87
EURGBP breached trendline resistance off the Jan 11 high with the recovery
extending toward 0.87. Consolidation above here would see bulls cement the
uptrend, putting the focus back on the 100 & 200-dma's at 0.8805/46. On the
downside bears need a close below the 0.86 level to regain control, targeting
the 100 & 200-hma's at 0.8570/68, ahead of a run at the ytd low at 0.8472.

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