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Wednesday's High The Upside.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Wednesday's High The Upside Target
EURGBP saw some renewed upside momentum yesterday as Wednesday's high at 0.8681
comes into focus. Above here would strengthen the uptrend, bringing the 0.8700
level and the March 23 high back into view at 0.8723. The 100-dma & 50%
retracement of 2019 range are placed behind at 0.8755/91. To regain the upper
hand bears look for a close below the 55-dma at 0.8631 before targeting a break
of the 0.8600 handle. Below here would extend the downtrend toward the Apr 5 low
& 61.8% retracement level at 0.8557/54. 

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