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EURO-STERLING TECHS: YTD Lows In Focus
EURGBP is on the back foot after losing its grip on the 0.86 yesterday which has
put the focus back on the ytd Feb 27 low at 0.8529. A close below here adds
further weight to the large topping pattern, opening a move down to 0.8500
initially. Bulls need to take out Tuesday's high & 38.2% retracement level at
0.8646/48, before challenging the 21-dma & Feb 25 high at 0.8667/99.