Bullish Focus Still In Place....>

EURO-STERLING TECHS: Bullish Focus Still In Place

*RES 4: 0.9187 61.8% Fibonacci retracement of the Mar - Apr decline

*RES 3: 0.9183 2.0% 10-dma envelope

*RES 2: 0.9086 50.0% Fibonacci retracement of the Mar - Apr decline

*RES 1: 0.9079 High Jun 23

*PRICE: 0.9042 @ 16:24 BST Jun 25

*SUP 1: 0.8950 Low Jun 18

*SUP 2: 0.9007 Low Jun 19

*SUP 3: 0.8912 Low Jun 16 and key near-term support

*SUP 4: 0.8907/64 50-day EMA / Low Jun 9

EURGBP is slightly lower, bottoming out at 0.9001 Thursday, but maintains a

bullish structure. A positive outlook follows gains achieved last week and

Friday's move through 0.9055, May 29 high. The focus is on 0.9086 next, a

Fibonacci retracement. Firm support has been defined at 0.8912, Jun 16 low where

a break is required to dampen the bullish mood and even signal a potential

reversal. This would open the 0.8907, the 50-day EMA and 0.8864, Jun 9 low.