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Deeper Correction Lower: *RES...>

EURO-STERLING TECHS
EURO-STERLING TECHS: Deeper Correction Lower:
*RES 4: 0.9415 High Oct 2016
*RES 3: 0.9400 Psychological level
*RES 2: 0.9325 High Aug 12
*RES 1: 0.9207/9190 Low Aug 8 / High Jul 30
*PRICE: 0.91962 @ 14:50 GMT Aug 15
*SUP 1: 0.9126 Low Aug 2
*SUP 2: 0.9089 Low Jul 31
*SUP 3: 0.9051 High Jul 17 and former bull trigger
*SUP 4: 0.8954 Low Jul 8
EURGBP has taken a more decision step lower, breaking through support at
0.9207/9190. This signals a deeper correction, perhaps down to the July 17 high
and former bull trigger level of 0.9051. To regain upside momentum, bulls need
to initially reclaim 0.9207. A move above 0.9325 would reignite positive bullish
signals and return the focus is to the Oct 2016 high of 0.9415.

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