Eyeing Key Resistance *RES 4:...>

EURO-STERLING TECHS: Eyeing Key Resistance

*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: 0.9042 High Jun 18

*PRICE: 0.9029 @ 10:42 BST Jun 19

*SUP 1: 0.8912 Low Jun 16

*SUP 2: 0.8883/64 50-day EMA / Low Jun 9

*SUP 3: 0.8859 1.0% Lower 10-dma envelope

*SUP 4: 0.8826 Low May 14

EURGBP traded well Thursday but remains below resistance. Strong support at

0.8883, 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. This would open 0.9086, a Fibonacci retracement. On the downside, clearance

of 0.8883/64 would instead highlight a bearish risk and open 0.8826, May 14 low

and 0.8808, May 13 low.