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False Break Below 0.85 EURGBP...>

EURO-STERLING TECHS
EURO-STERLING TECHS: False Break Below 0.85
EURGBP hit as low as 0.8476 yesterday before the Attorney General's Brexit
legality remarks squeezed the pair back above 0.8600 to suggest a potential
bullish reversal. Bulls look to clear Monday's high at 0.8676 to re-ignite the
uptrend, before testing the 38.2% retracement & 50-dma at 0.8717/49. Bears need
a downside break of 0.8530/35 which has registered a series of previous lows,
before challenging the 0.85 level & ytd low at 0.8476.

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