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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: Gbp0.8934 @ 0530GMT
*SUP 1: Gbp0.8877 Hourly resistance Mar 2 now support 
*SUP 2: Gbp0.8845 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. The Bollinger band
top (Gbp0.8947) remains the key concern for bulls and limits follow through.
Layers of support remain in place with bears needing 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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