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0.90 remains a level too far:...>

EURO-STERLING TECHS
EURO-STERLING TECHS: 0.90 remains a level too far:
*RES 4: 0.9108 High Jan 3 and major resistance
*RES 3: 0.9062 High Jan 11
*RES 2: 0.9000 Psychological round number
*RES 1: 0.8992 High Jun 28
*PRICE: 0.8946 @ 16:41 BST Jul 1
*SUP 1: 0.8936/16 200-hma/Low Jun 25
*SUP 2: 0.8873 Low Jun 20
*SUP 3: 0.8851 Low Jun 7
*SUP 4: 0.8838/30 100-wma / Low Jun 6
EURGBP printed a fresh trend high on Friday at 0.8992 before retreating. Despite
this current pullback, the cross maintains an outright bullish tone with topside
focus on a break and close above the key psychological 0.90 level. The 200-hma &
Jun 25 low represents key support at 0.8936/16. Broader trend support and risk
parameter for bulls has been defined at 0.8873 where a break is required to
instead highlight a bearish reversal.

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