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- EURGBP touched multi-month....>

EURO-STERLING TECHS
EURO-STERLING TECHS: - EURGBP touched multi-month lows of 0.8472 on Wednesday,
before extending the recovery back above 0.8500. Despite this, the broader
bearish trend remains intact with downside focus on a break of the long-term
38.2% retracement level at 0.8468, lending further weight to the large topping
pattern. Bulls need a close above the 0.85 level to build on momentum and open
the 200-hma at 0.8584.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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