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Focus Back On Gbp0.8820-58......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Focus Back On Gbp0.8820-58
*RES 4: Gbp0.8967 2018 High Mar 7 
*RES 3: Gbp0.8904 Low Mar 8 now resistance 
*RES 2: Gbp0.8858 55-WMA 
*RES 1: Gbp0.8820 200-DMA
*PRICE: Gbp0.8791 @ 0430GMT
*SUP 1: Gbp0.8779 High June 18 now support 
*SUP 2: Gbp0.8750 Low June 19 
*SUP 3: Gbp0.8715 Low June 15 
*SUP 4: Gbp0.8694 Hourly support May 30
*COMMENTARY: The close above Gbp0.8789 shifts focus back to Gbp0.8820-58 where
the 200-DMA and 55-WMA are located. Bulls look for a close above the 55-WMA to
shift initial focus back to Gbp0.8967-0.9107. Initial support is now noted at
Gbp0.8779 with bears needing a close below to gain breathing room. A close below
Gbp0.8694 remains needed to confirm focus on tests of 2018 lows.

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