Consolidates And Holds Onto.....>

EURO-STERLING TECHS: Consolidates And Holds Onto Gains

*RES 4: 0.8538 High Feb 4 and a key resistance

*RES 3: 0.8504 High Oct 10

*RES 2: 0.8459 High Feb 11

*RES 1: 0.8416 High Feb 20 and key near-term resistance

*PRICE: 0.8394 @ 05:47 GMT Feb 25

*SUP 1: 0.8282 Low Feb 18

*SUP 2: 0.8277 Low Dec 13 and major support

*SUP 3: 0.8251 Low Jul 14 2016

*SUP 4: 0.8176 50% 2015 - 2016 rally

EURGBP is unchanged and holding onto gains it has managed to achieve since

recovering off the Feb 18 low of 0.8282. To strengthen a bullish case however,

price needs to trade above last week's 0.8416 high. This would open 0.8504 and

0.8538. An underlying bearish threat remains though with the focus on the Dec

low at 0.8277. Note, a break of 0.8277 would highlight a major bearish breakout

of the broad range the cross has been trading within since Oct 2016.