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Nov Lows In Sight EURGBP........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Nov Lows In Sight
EURGBP extended its decline to the 76.4% retracement of 0.8656-0.9108 at 0.8763
yesterday which is acting as support for now. A break below here opens a run at
the Nov 13 low at 0.8656 and would strengthen the prospect of a large scale
topping pattern. Bulls need to recover the 200-dma to stabilise the outlook,
returning focus to the heavily congested 0.9060/65 area, ahead of the ytd Jan 3
high at 0.9108.

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