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Testing Mid-November Lows.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Testing Mid-November Lows
Renewed GBP buoyancy further pressured the cross through 0.8700 to its lowest
levels since mid-November. A downside break of the Nov 13 low at 0.8656
strengthens the prospect of a large scale topping pattern, opening the 2018 low
at 0.8620. Bulls need a close above the 200-dma at 0.8868 to extend the uptrend,
opening the heavily congested 0.9060/70 area, ahead of a run at the 2019 high at
0.9108.

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