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Maintains Bullish Outlook.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Maintains Bullish Outlook
Despite dipping back under 0.9000, EURGBP continues to generate outright bullish
signals in the short/medium term. A break above 0.9052 is needed to challenge
the key 0.9100 area which holds the YTD high at 0.9098. Bears now need to close
back below 0.8940/49 to shift the outlook more neutral and target the August 14
low at 0.8897.

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