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Above 55-WMA To End Bearish.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Above 55-WMA To End Bearish Hopes 
*RES 4: Gbp0.8967 2018 High Mar 7 
*RES 3: Gbp0.8904 Low Mar 8 now resistance 
*RES 2: Gbp0.8859 55-WMA 
*RES 1: Gbp0.8834 Bollinger band top
*PRICE: Gbp0.8812 @ 0430GMT
*SUP 1: Gbp0.8721 Low June 27 
*SUP 2: Gbp0.8779 Low June 25 
*SUP 3: Gbp0.8748 Low June 22 
*SUP 4: Gbp0.8715 Low June 15
*COMMENTARY: Pressure has returned to the Gbp0.8819 -59 resistance region where
the 200-DMA and 55-WMA are located. Bulls look for a close above the 55-WMA to
end bearish hopes and shift initial focus back to Gbp0.8967-0.9107. Bears now
need a close below Gbp0.8779 to gain breathing room and below Gbp0.8694 to
confirm focus on tests of 2018 lows and then Gbp0.8531 on a break lower.

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