GBP recovers some ground after Wed's 1.2179-1.2012 slide

Sentiment improved after news of official support for Credit Suisse

Technically, GBP remains below its daily Ichimoku cloud

The cloud base is currently at 1.2144 and the top at 1.2167

Converging moving averages holding sterling's decline, on a closing basis

Four averages including 100DMA run from 1.2017 through 1.2044

All eyes on the ECB: rate hike plans clouded by banking turmoil

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