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Unable To Consolidate Below.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Unable To Consolidate Below 0.85
Despite closing below 0.85 yesterday EURGBP has failed to hold below this level
with bulls pushing the pair back towards 0.8550. A close above here is needed to
allow a retest of the 0.8600 level, before focusing on Monday's high at 0.8676.
The broader bearish trend remains intact though and bears look to close below
0.85 to keep the pressure on. Below yesterday's low at 0.84725 would lend
further weight to the large topping pattern.

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