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Extends Gains *RES 4: 0.9251....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Extends Gains
*RES 4: 0.9251 High Aug 15
*RES 3: 0.9195 High Aug 16
*RES 2: 0.9184 High Aug 20 2019
*RES 1: 0.9173 High Mar 16
*PRICE: 0.9143 @ 09:51 GMT Mar 18
*SUP 1: 0.9985 Low Mar 16
*SUP 2: 0.8844 Low Mar 13
*SUP 3: 0.8774 Low Mar 12
*SUP 4: 0.8681 Low Mar 10
EURGBP remains bullish. The late Feb-early-Mar break of 0.8596, Jan 14 high,
confirmed an important swing in price that signalled a reversal. The cross early
Mar also held above this breakout level, a positive development and the
subsequent rally confirms the current bullish cycle. Trend conditions are in
overbought territory but not proving to be a threat to bulls just yet. The focus
is on 0.9195 next. The cross is also approaching the major range top at 0.9300.

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