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Improving Outlook The sharp.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Improving Outlook
The sharp pullback in GBP following tough Brexit negotiations in Salzburg has
seen EURGBP reclaim the 0.8900 handle. Bulls need a weekly close above 0.8950 to
shift the short-term outlook back to neutral, while a break above 0.9052 is
needed to challenge the 0.9100 area which holds the YTD high at 0.9098. Bears
target a move back under 0.8900, before challenging the 100-dma/Aug 2 low at
0.8864/54 in a bid to build on recent downside momentum.

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