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21-DMA & 55-WMA Levels Key......>

EURO-STERLING TECHS
EURO-STERLING TECHS: 21-DMA & 55-WMA Levels Key
*RES 4: Gbp0.8822 55-WMA 
*RES 3: Gbp0.8810 100-DMA 
*RES 2: Gbp0.8793 55-DMA 
*RES 1: Gbp0.8754 High Apr 25
*PRICE: Gbp0.8731 @ 0430GMT
*SUP 1: Gbp0.8723 21-DMA 
*SUP 2: Gbp0.8686 Low Apr 19 
*SUP 3: Gbp0.8664 Hourly breakout level Apr 18 
*SUP 4: Gbp0.8641 Hourly support Apr 18
*COMMENTARY: Hesitation ahead of the Gbp0.8795-0.8823 resistance region where
the 55 & 100-DMAs and 55-WMA are noted leaves the pair looking a little heavy
and focus back on the 21-DMA. Bears look for a close below the 21-DMA to ease
bullish pressure and below Gbp0.8664 to return focus to Gbp0.8380-0.8515. Bulls
still need a close above the 55-WMA to hint at a move back to Gbp0.8874-0.8904
with the 200-DMA at Gbp0.8881.

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