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Bulls target 0.8975 key.........>

EURO-STERLING TECHS: Bulls target 0.8975 key resistance:
*RES 4: 0.9108 High Jan 3 and major resistance
*RES 3: 0.9062 High Jan 11
*RES 2: 0.9000 Psychological round number
*RES 1: 0.8960/75 High Jun 24/ Jun 18
*PRICE: 0.8949 @ 15:48 GMT June 25
*SUP 1: 0.8916/15 200-hma/100-hma
*SUP 2: 0.8874 Low Jun 19
*SUP 3: 0.8850 Low Jun 7
*SUP 4: 0.8838 100-wma
EURGBP has held above the 20-day EMA, and once again started pushing higher. The
close above the 0.8900 handle is a positive development too with attention now
on the key near-term resistance at 0.8975, the Jun 18 high. Clearance of this
level would confirm a resumption of the uptrend opening the psychological level
of 0.9000. Key support has been defined at 0.8874, a break of this level is
required to suggest a bearish reversal.

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