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Holding Either Side of 0.89.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Holding Either Side of 0.89
Momentum indicators remain stretched suggesting the potential of a short-term
reversal. EURGBP struggles to build above 0.89 with bears looking to clear the
10-dma & break out point at 0.8878/50, before returning the focus to broken
pivotal resistance-turned-support at 0.8825. Bulls need to recover the Jun 11
high, before challenging the 2% upper Bollinger band & 76.4% retracement of the
Jan-Mar fall at 0.8936/58.

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