Bulls need 0.90, and fast:......>

EURO-STERLING TECHS: Bulls need 0.90, and fast:

*RES 4: 0.9070 Trendline drawn off the Oct 7, 2016 high

*RES 3: 0.9062 High Jan 11

*RES 2: 0.9051 High Jul 17

*RES 1: 0.9005 High Jul 23

*PRICE: 0.8974 @ 15:23 GMT Jul 26

*SUP 1: 0.8892 Low Jul 25 and key intraday support

*SUP 2: 0.8873 Low Jun 20

*SUP 3: 0.8830 Low Jun 6

*SUP 4: 0.8797 200-dma

Having corrected off the recent top at 0.9051, the cross had entered a

corrective phase. But, that impetus looks to have weakened on Thursday/Friday,

with bulls now needing to cement a move above 0.90 to stabilise the outlook.

This would open 0.9051 as first resistance. A return lower and break of 0.8892

would pave the way for weakness towards the early June lows at 0.8830, ahead of

the 200-dma.