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Comfortably Below 0.88 EURGBP...>

EURO-STERLING TECHS
EURO-STERLING TECHS: Comfortably Below 0.88
EURGBP comfortably holds below 0.88 with bears looking to take advantage of the
recent downtrend. A break of 0.8750 opens up trendline support and the Oct 10
low at 0.8727/23. Topside gains continue to be capped by the 200-dma at 0.8837,
a level which also coincides with neckline support and is seen a key area of
resistance.

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