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Oct 10 Lows In Sight EURGBP.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Oct 10 Lows In Sight
EURGBP broke below its 200-dma and then the 0.88 level yesterday to bring the
Oct 10 lows at 0.8723 squarely into sight. Below here would suggest a large
topping pattern is in play, targeting a move down to the April 17 high at
0.8621. Bulls need to recover 0.89 to return the focus to the upside and
challenge the Oct 30 high & cloud base resistance at 0.8935/48.

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