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Consolidating Above 0.90........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Consolidating Above 0.90
GBPUSD's failure to clear 1.28 has seen EURGBP comfortably hold above the 0.90
level. Bulls are primed to launch an attack on the 61.8% retracement level at
0.9045, ahead of a return to the ytd high at 0.9108. Below 0.90 puts downside
focus on the Dec 31 low & 100-dma at 0.8927/02, ahead of a run at the Dec 3 low
& 200-dma at 0.8863/61.

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