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Approaching Bull Channel Top....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Approaching Bull Channel Top
*RES 4: Gbp0.9412 Monthly high Oct 2009
*RES 3: Gbp0.9365 2016 High Oct 6
*RES 2: Gbp0.9263 Daily Bull channel top
*RES 1: Gbp0.9236 2017 High Aug 23
*PRICE: Gbp0.9227 @ 0430GMT
*SUP 1: Gbp0.9213 Hourly support Aug 23 
*SUP 2: Gbp0.9189 Hourly support Aug 23a 
*SUP 3: Gbp0.9178 High Aug 23 now support 
*SUP 4: Gbp0.9149 High Aug 18 now support
*COMMENTARY: Fresh 2017 and 10mth highs continue with O/B daily studies the key
concern for bulls who are currently focused on the daily bull channel top.
Layers of support continue to emerge on dips which add support to the bullish
case. Bears now look for a close below Gbp0.9213 to gain breathing room and
below Gbp0.9149 to shift focus back to Gbp0.9043-89 where the 21-DMA (Gbp0.9068)
is located. Overall bullish focus remains on Gbp0.9263-0.9412.

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