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Gbp0.8848-0.8903 Support Key....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Gbp0.8848-0.8903 Support Key
*RES 4: Gbp0.8974 High Oct 24 
*RES 3: Gbp0.8962 55-DMA 
*RES 2: Gbp0.8943 100-DMA 
*RES 1: Gbp0.8913 Hourly resistance Now 3
*PRICE: Gbp0.8880 @ 0530GMT
*SUP 1: Gbp0.8862 Hourly support Nov 3 
*SUP 2: Gbp0.8848 High Oct 30 now support 
*SUP 3: Gbp0.8833 Hourly resistance Nov 2 now support 
*SUP 4: Gbp0.8761 200-DMA
*COMMENTARY: The recovery from last week's low and dip below the 200-DMA has
stalled ahead of layers of resistance Gbp0.8943-74 where the 55 & 100-DMAs are
situated. Bulls need a close above Gbp0.8974 to confirm immediate focus on
Gbp0.9022-48. The Gbp0.8848 support remains key this week. Bears need a close
below Gbp0.8848 to shift focus back to Gbp0.8718-22 where the 55-WMA is found.

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