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EURO-STERLING TECHS: Upside Reversal Potential
EURGBP briefly took out 0.8660 in early Asian trading as sterling weakness has
supported the pair. The 21-dma is just ahead of current levels at 0.8667 while
downtrend support from the Jan 11 high comes in at 0.8679. A close above here
would open the Feb 25 high at 0.8699. Bears need to clear the Feb 27 ytd low at
0.8529 to regain control, before targeting a break of the psychological 0.85