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Wild Swings on Brexit EURGBP....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Wild Swings on Brexit
EURGBP dipped back under 0.8600 on renewed Brexit headlines, before completely
reversing the move after the story was retracted. Bears need to clear the Apr 5
low & 61.8% retracement level at 0.8557/54, before making a challenge of the
0.85 level to extend the broader downtrend. Bulls look to take out the 50-dma &
channel top resistance at 0.8641/50. A close above re-ignites upside momentum
targeting a run at the 0.87 level, ahead of the Mar 21 high & 38.2% retracement
at 0.8723/29.

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