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No Sign of a Pullback EURGBP....>

EURO-STERLING TECHS
EURO-STERLING TECHS: No Sign of a Pullback
EURGBP continues on a buoyant tone and is looking to extend its winning streak
for a 15th straight session. A close above 0.8838 would confirm this with next
resistance seen at 0.8860, which represents the 50% retracement of
0.9415-0.8305. Above here opens the Jan 16 high at 0.8889, ahead of a run at the
0.89 level. Bears need a close back under the 200-dma at 0.8791 to stabilise the
outlook, before focusing on a return to 0.8700 & the 100-dma which crosses at
0.8681.

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