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EURO-STERLING TECHS: Must hold 0.8900 To Maintain Bullish Picture
EURGBP's spike higher has failed to generate any additional bullish momentum,
suggesting caution with the current recovery. Holding above 0.8900 remains
essential to maintain the constructive picture allowing a move to 0.8958.
However, a slip back below 0.8900 would undo the bullish signals over the past
two days, risking a decline back to the lower end of the ascending channel,
where the trend line support currently intervenes at 0.8880.