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Off cycle highs: *RES 4:........>

EURO-STERLING TECHS: Off cycle highs:
*RES 4: 0.9415 High Oct 2016
*RES 3: 0.9307 High Aug 29 2017
*RES 2: 0.9295 Upper Bollinger Band (2%)
*RES 1: 0.9265 High Aug 8
*PRICE: 0.9245 @ 09:24 GMT Aug 09
*SUP 1: 0.9179 200-hma
*SUP 2: 0.9126 Low Aug 2
*SUP 3: 0.9089 Low Jul 31
*SUP 4: 0.9051 High Jul 17 and last Monday's bull trigger
EURGBP rallied through 0.9250 after the release of soft UK GDP data which
contracted by 0.2%. Despite a minor retracement, the underlying tone holds firm
with technical and momentum indicators displaying outright bullish sentiment.
Upside focus returns to the upper 2% Bollinger band at 0.9295, ahead of 0.9302
which equates to GBPEUR 1.0750. Initial support at 0.9179 from the 200-hma, a
break opens a return to 0.9051, the former bull trigger.

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