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Consolidating *RES 4: 0.9187....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Consolidating
*RES 4: 0.9187 61.8% Fibonacci retracement of the Mar - Apr decline
*RES 3: 0.9086 50.0% Fibonacci retracement of the Mar - Apr decline
*RES 2: 0.9055/57 High May 29 / Double bottom projection
*RES 1: 0.9025 High Jun 15
*PRICE: 0.8964 @ 05:50 BST Jun 18
*SUP 1: 0.8877/64 50-day EMA / Low Jun 9
*SUP 2: 0.8857 1.0% Lower 10-dma envelope
*SUP 3: 0.8826 Low May 14
*SUP 4: 0.8759 Low May 12
EURGBP is unchanged and still consolidating. Strong support at 0.8877, 50-day
EMA and 0.8864, Jun 9 low remains intact. The focus is on 0.9055, May 29 high
where a break would confirm a resumption of the recovery since early May. On the
downside, clearance of the support zone between 0.8877/64 however would instead
highlight a bearish risk and open 0.8826, May 14 low and 0.8808, May 13 low.

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