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Close Above 0.90 Would be.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Close Above 0.90
Would be Constructive After several sessions of trading either side of 0.90, the
cross has made another attempt to push (and potentially close) above this mark.
This momentum will need to be maintained for bulls to gain any confidence,
keeping the near-term outlook neutral. Bears initially need to clear the 50%
retracement level at 0.8949 to challenge this. A break of the 100-dma at 0.8898
would confirm a reversal pattern, opening the 200-dma & Nov 28 low at 0.8845/10.
Bulls look for a break above the heavily congested 0.9090/00 zone in focus.

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