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EURGBP surged to Gbp0.9088............>

EURO-STERLING
EURO-STERLING: EURGBP surged to Gbp0.9088 yesterday after PM May delayed the
Meaningful vote, stalling just shy of the Aug28 ytd highs at 0.9098. Brexit
remains front and centre with headlines again expected to drive today. Traders
have reported of congestion at the Gbp0.9090/00 zone, this area also holds the
GBPEUR equivalent of E1.10 which some see has psychological level. Hourly
support from Dec10 is located at Gbp0.9000/05, a break opens the 50% retracement
level of Gbp0.8810-0.9088 & Dec10 low at Gbp0.8949/30. Last Gbp0.9044.   

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