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Close above 0.86 Stabilises.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Close above 0.86 Stabilises Outlook
EURGBP managed to close back above the 0.86 level yesterday and has also broken
above downtrend resistance from the Feb 15 low. Bulls now target Friday's high
at 0.8623 to build upside momentum. Bears' focus remains on the Feb 27 low at
0.8529, a break would target the 0.8500 level ahead of the 38.2% retracement at
0.8468. 

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