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Uptrend Gaining Momentum........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Uptrend Gaining Momentum
EURGBP broke decisively above 0.90 yesterday with the monthly high of 0.9031 now
within touching distance as bullish momentum builds. The major ascending channel
top sits at 0.9050. Bears now need to close back below 0.8940/49 to take some of
the heat out of the rally, but a break below the Aug 14 low at 0.8897 is needed
to shift the outlook neutral.

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