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Challenging 55-DMA EURGBP.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Challenging 55-DMA
EURGBP topped out at 0.8681 yesterday, with the retracement briefly extending
back through the 55-dma. Bulls need a topside break of 0.8700 to bring the March
23 high back into view at 0.8723. The 100-dma & 50% retracement of 2019 range
are placed behind at 0.8763/91. Bears look for a move back under 0.8600 to
extend the downtrend toward the Apr 5 low & 61.8% retracement level at
0.8557/54.

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