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Bulls Need Close Above Bear.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bulls Need Close Above Bear Channel Top
*RES 4: Gbp0.8906 Bollinger band top 
*RES 3: Gbp0.8861 Daily bear channel top (Off 2017 high) 
*RES 2: Gbp0.8855 200-DMA 
*RES 1: Gbp0.8834 55-DMA
*PRICE: Gbp0.8824 @ 0530GMT
*SUP 1: Gbp0.8809 21-DMA 
*SUP 2: Gbp0.8776 Hourly resistance Feb 2 now support 
*SUP 3: Gbp0.8714 Low Feb 1 
*SUP 4: Gbp0.8685 2018 Low Jan 25
*COMMENTARY: Failure to trouble the 2018 lows on the most recent correction from
around key DMAs has resulted in pressure returning to resistance layers. Bulls
continue to look for a close above the bear channel top to confirm breaks of key
DMAs and to shift focus to Gbp0.8928-0.9048. The Gbp0.8776 support is key this
week. Bears need a close below to ease pressure on resistance layers and return
focus to 2018 lows.

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