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Bears Need Close Below..........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bears Need Close Below Gbp0.8750
*RES 4: Gbp0.8904 Low Mar 8 now resistance 
*RES 3: Gbp0.8858 55-WMA 
*RES 2: Gbp0.8820 200-DMA 
*RES 1: Gbp0.8801 High June 20
*PRICE: Gbp0.8783 @ 0430GMT
*SUP 1: Gbp0.8766 Low June 20 
*SUP 2: Gbp0.8750 Low June 19 
*SUP 3: Gbp0.8715 Low June 15 
*SUP 4: Gbp0.8694 Hourly support May 30
*COMMENTARY: The close above Gbp0.8789 Wednesday shifted focus back to
Gbp0.8820-58 where the 200-DMA and 55-WMA are located. Bulls look for a close
above the 55-WMA to shift initial focus back to Gbp0.8967-0.9107. Initial
support is now noted at Gbp0.8766 with bears needing a close below Gbp0.8750 to
gain breathing room. A close below Gbp0.8694 remains needed to confirm focus on
tests of 2018 lows.

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