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Bulls Targeting Recent Highs....>

EURO-STERLING TECHS: Bulls Targeting Recent Highs
Bulls continue to look for follow through above 0.8880 to challenge the recent
cycle high at 0.8902. Consolidation above would bring the Dec 31 low into view
at 0.8927, ahead of the 76.4% fibo of the Jan-Mar fall at 0.8958. Bears focus
remains on broken pivotal resistance-turned-support at 0.8825. Below here opens
a return to the 0.8800 level, ahead of the 200-dma at 0.8783.

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