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Consolidating Gains Having......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Consolidating Gains
Having based ahead of the 0.8500 level, EURGBP extended the recovery to 0.8593
before fading. Range trade continues with bulls looking to clear the 50-dma at
0.8645 to mount an upside reversal. Above here opens the Mar 21 high & 38.2%
retracement level at 0.8723/29. Bears need a close back under 0.8500 to extend
the broader downtrend, opening the Mar 27/Mar 13 lows at 0.8483/72.

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