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Fresh cycle high: *RES 4:.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Fresh cycle high:
*RES 4: 0.9415 High Oct 2016
*RES 3: 0.9307/38 High Aug 29 2017/Upper 2.0% 10-dma envelope
*RES 2: 0.9278 Upper Bollinger Band (2%)
*RES 1: 0.9265 Intraday high
*PRICE: 0.9237 @ 14:48 GMT Aug 08
*SUP 1: 0.9196/88 100-hma/Low July 7
*SUP 2: 0.9159/26 200-hma/Aug02 low
*SUP 3: 0.9089 Low Jul 31
*SUP 4: 0.9051 High Jul 17 and last Monday's bull trigger
EURGBP breached 0.9250, accelerating the move to fresh cycle highs of 0.9265.
The underlying tone holds firm, opening the upper 2% Bollinger band at 0.9278,
ahead of 0.9302 which equates to GBPEUR 1.0750. Momentum and trend indicators
remain in bullish territory. keeps the broader bullish outlook intact. Initial
support at 0.9159 from the 200-hma, a break opens a return to 0.9051, the former
bull trigger.

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