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Bears Focused On Gbp0.8645-85...>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bears Focused On Gbp0.8645-85
*RES 4: Gbp0.8874 High Mar 15 
*RES 3: Gbp0.8837 55-DMA 
*RES 2: Gbp0.8818 High Mar 19 
*RES 1: Gbp0.8799 High Mar 20
*PRICE: Gbp0.8748 @ 0430GMT
*SUP 1: Gbp0.8741 Low Mar 20 
*SUP 2: Gbp0.8730 Low Feb 8 
*SUP 3: Gbp0.8714 Monthly Low Feb 1 
*SUP 4: Gbp0.8685 2018 Low Jan 25
*COMMENTARY: The pair remains heavy as it pressures the Bollinger base
(Gbp0.8740) with focus on Gbp0.8645-85 where 2018 lows and 100-WMA are situated.
Initial resistance is noted at Gbp0.8799 but bulls look for a close above the
55-DMA to ease bearish pressure and above Gbp0.8904 to confirm a break of the
200-DMA, retuning initial focus to 2018 highs and overall focus to Gbp0.9013-48.
The Bollinger base remains a concern with potential to limit follow through.

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