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Closes above 100-dma EURGBP.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Closes above 100-dma
EURGBP breached the 100-dma on Wednesday, closing above the measure for the
first time since mid-January. The pair has since broken above the Mar 21 high at
0.8723, with consolidation above allowing bulls to switch focus to the Feb 1
high & 200-dma at 0.8793/95. Bears look for a retrace back through the 100-dma
to shift focus to the 50 & 55-dma's.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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