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100-DMA Remains Key.............>

EURO-STERLING TECHS
EURO-STERLING TECHS: 100-DMA Remains Key Resistance
*RES 4: Gbp0.8904 Low Mar 8 now resistance 
*RES 3: Gbp0.8855 55-WMA 
*RES 2: Gbp0.8847 200-DMA 
*RES 1: Gbp0.8791 100-DMA
*PRICE: Gbp0.8767 @ 0430GMT
*SUP 1: Gbp0.8741 High May 29 now support 
*SUP 2: Gbp0.8694 Hourly support May 30 
*SUP 3: Gbp0.8678 Low Apr 26 
*SUP 4: Gbp0.8664 Hourly breakout level Apr 18
*COMMENTARY: Pressure continues to return to the 100-DMA with bears failing to
capitalise on previous rejections ahead of the 100-DMA. Bulls continue to look
for a close above the 100-DMA to return initial pressure to Gbp0.8847-0.8904
where the 55-WMA & 200-DMA are located. Initial support is now noted at
Gbp0.8741 with bears needing a close below to shift initial focus to Gbp0.8694
and overall focus back to 2018 lows.

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