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Wide Range Remains Intact.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Wide Range Remains Intact
EURGBP continues to trade in a choppy fashion within the wide range established
over the past month. To extend the broader downtrend bears need to see a close
below the Mar 28 low at 0.8512 which would open the the Mar 27/Mar 13 lows at
0.8483/72. To mount an upside reversal bulls look to clear the 50-dma at 0.8648,
above here brings the Mar 21 high & 38.2% retracement level back into view at
0.8723/29. 

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