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Gbp0.8841-0.8904 Resistance.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Gbp0.8841-0.8904 Resistance Region Key
*RES 4: Gbp0.8893 200-DMA 
*RES 3: Gbp0.8874 High Mar 15 
*RES 2: Gbp0.8841 55-DMA 
*RES 1: Gbp0.8818 High Mar 19
*PRICE: Gbp0.8795 @ 0530GMT
*SUP 1: Gbp0.8766 Hourly resistance Mar 19 now support 
*SUP 2: Gbp0.8742 Low Mar 19 
*SUP 3: Gbp0.8730 Low Feb 8 
*SUP 4: Gbp0.8714 Monthly Low Feb 1
*COMMENTARY: The lack of follow through on Monday's sell-off is less than ideal
with the Bollinger base (Gbp0.8761) the key concern. Layers of resistance
accumulating add weight to the bearish case. Bulls now need a close above the
55-DMA to ease bearish pressure and above Gbp0.8904 to confirm a break of the
200-DMA, retuning initial focus to 2018 highs and overall focus to Gbp0.9013-48.

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