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Sterling crosses were buoyed overnight.....>

STERLING
STERLING: Sterling crosses were buoyed overnight after the latest Brexit
developments.
- EURGBP touched near 2-year lows of Gbp0.8476, stalling just shy of the 200-wma
& 38.2% retracement of Gbp0.6936-0.9415 at Gbp0.8474/71.
- GBPJPY printed highs of Y147.81 with topside focus on a break of Y148.00.
Above here opens the Y148.40/60 area which has registered a series of previous
highs, ahead of down trendline resistance off May 2018 highs at Y149.08.
- GBPAUD hit fresh 2019 highs of A$1.8781 with the long-term 50% retracement
level of A$2.2386-1.5453 providing the next layer of resistance at A$1.8920.
- GBPCHF in the past week charted a golden cross & bullish engulfing line which
indicates a future bullish trend. GBPCHF briefly made a show above Chf1.34,
before topping out at Chf1.3425. 

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