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Below 55-DMA To Shift Focus.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Below 55-DMA To Shift Focus Lower
*RES 4: Gbp0.9048 Low Aug 15 now resistance 
*RES 3: Gbp0.9013 Monthly High Nov 15 
*RES 2: Gbp0.8981 High Nov 28 
*RES 1: Gbp0.8951 2018 High Mar 2
*PRICE: Gbp0.8917 @ 0530GMT
*SUP 1: Gbp0.8877 Hourly resistance Mar 2 now support 
*SUP 2: Gbp0.8844 55-DMA 
*SUP 3: Gbp0.8769 Low Feb 26 
*SUP 4: Gbp0.8730 Low Feb 8
*COMMENTARY: Pressure on the key Gbp0.8928 resistance took its toll with the
close above shifting initial bullish focus to Gbp0.9013-48. Daily studies remain
well placed for gains. Layers of support have continued to follow the pair
higher. Bears still need a close below Gbp0.0.8877 to gain breathing room and
below the 55-DMA to shift focus back to Gbp0.8685-0.8769 where monthly and 2018
lows are noted.

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