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Downside Continues To Extend....>

EURO-STERLING TECHS: Downside Continues To Extend
*RES 4: 0.8605 High Nov 22 and key near-term resistance
*RES 3: 0.8575 High Dec 2 and initial key resistance
*RES 2: 0.8531 High Dec 4
*RES 1: 0.8468 High Dec 6
*PRICE: 0.8414 @ 05:37 GMT Dec 10
*SUP 1: 0.8393 Low Dec 9
*SUP 2: 0.8384 Low May 10 and a key support
*SUP 3: 0.8355 1.236 projection of Aug 12 - Sep 20 sell-off from Oct 10 high
*SUP 4: 0.8314 Low Apr 18, 2017
EURGBP maintains a clear bearish tone managing a fresh trend low again yesterday
at 0.8393. Last week saw the cross clear support at 0.8500, Nov 28 low and the
key 0.8473 level, Mar 3 low. This confirmed a resumption of the downtrend that
has been in place since Aug 12. The break of 0.8473 opens 0.8384 next, a level
last traded in May 2017. The initial key resistance is at 0.8575, Dec 2 high.
First resistance though is at Friday's 0.8468 high.

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