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Multi-month Lows Positive.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Multi-month Lows
Positive Brexit headlines saw EURGBP post a major downside reversal with the
cross printing near 2-year lows of 0.8476. Bears look for a close below 0.8500
to extend the downtrend and open the 38.2% retracement at 0.8468. Below here
brings the 0.8400 level back into view, ahead of the May 10 2017 low at 0.8384.
Bulls need to recover 0.8676 to re-ignite the uptrend, before challenging the
38.2% retracement & 50-dma at 0.8729/54.

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