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Gbp0.8776 & Gbp0.8928 Levels....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Gbp0.8776 & Gbp0.8928 Levels Key
*RES 4: Gbp0.8928 High Jan 12 
*RES 3: Gbp0.8889 High Feb 16 
*RES 2: Gbp0.8880 200-DMA 
*RES 1: Gbp0.8870 High Feb 20
*PRICE: Gbp0.8821 @ 0530GMT
*SUP 1: Gbp0.8805 Lows Feb 20 & 21 
*SUP 2: Gbp0.8776 Low Feb 9 
*SUP 3: Gbp0.8730 Low Feb 8 
*SUP 4: Gbp0.8714 Low Feb 1
*COMMENTARY: Bears take comfort in rallies remaining capped ahead of the 200-DMA
with bulls needing a close above to return immediate focus to Gbp0.8928.
Previous attempts to challenge this level have lacked follow through. A close
above Gbp0.8928 is needed to target Gbp0.9013-48. While the 200-DMA caps bears
focus on the break of Gbp0.8776 needed to confirm focus on Gbp0.8645-85 where
the bear channel base and 2018 low are noted.

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