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Dips Back Under 0.86 EURGBP.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Dips Back Under 0.86
EURGBP dipped back under 0.8600 on renewed Brexit headlines, before fading.
Bears need to clear the Apr 5 low & 61.8% retracement level at 0.8557/54, before
making a challenge of the 0.85 level to extend the broader downtrend. Bulls look
to take out the 50-dma & channel top resistance at 0.8641/50. A close above
re-ignites upside momentum targeting a run at the 0.87 level, ahead of the Mar
21 high & 38.2% retracement at 0.8723/29.

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