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Bulls Welcome Close Above.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bulls Welcome Close Above 50-DMA
EURGBP has consolidated above 0.89 for the majority of the session, but has so
far failed to close above this level as well as the 50-dma, currently at 0.8896.
Confirmation above here would provide further positive momentum for bulls, with
0.8948 the next obstacle ahead of the Sep 24 high at 0.8997. Bears need to close
below up trendline support & the 200-dma at 0.8843/37 to shift focus back to the
downside.

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