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Bulls Need Close Above..........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bulls Need Close Above Channel Top
*RES 4: Gbp0.9048 Low Aug 15 now resistance 
*RES 3: Gbp0.9022 High Oct 20 
*RES 2: Gbp0.8990 Bollinger band top 
*RES 1: Gbp0.8970 Daily Bear channel top
*PRICE: Gbp0.8953 @ 0530GMT
*SUP 1: Gbp0.8939 Hourly support Nov 24 
*SUP 2: Gbp0.8924 Hourly resistance Nov 24 now support 
*SUP 3: Gbp0.8892 Hourly support Nov 23 
*SUP 4: Gbp0.8854 Low Nov 22
*COMMENTARY: Bulls took comfort in the sequence of higher daily highs and lows
with focus having returned to the Gbp0.8970 level where the bear channel top off
2017 highs is situated. Bulls now need a close above the daily bear channel top
to ease bearish pressure and shift initial focus to Gbp0.9022-48. The
Gbp0.8924-39 support region is now key with bears needing a close below to ease
pressure on the channel top and shift immediate focus to Gbp0.8837.

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