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Gbp0.9149-78 Support Key *RES...>

EURO-STERLING TECHS
EURO-STERLING TECHS: Gbp0.9149-78 Support Key
*RES 4: Gbp0.9412 Monthly high Oct 2009
*RES 3: Gbp0.9365 2016 High Oct 6
*RES 2: Gbp0.9278 Daily Bull channel top
*RES 1: Gbp0.9270 2017 High Aug 25
*PRICE: Gbp0.9253 @ 0430GMT
*SUP 1: Gbp0.9243 Hourly support Aug 28 
*SUP 2: Gbp0.9215 Hourly resistance Aug 25 now support 
*SUP 3: Gbp0.9189 Hourly support Aug 23a 
*SUP 4: Gbp0.9178 High Aug 23 now support
*COMMENTARY: Bulls remain focused on the channel top and then Gbp0.9365-0.9412
above where levels last seen in 2009 are located. O/B daily studies and the
Bollinger top (Gbp0.9281) remain the key concerns for bulls. Layers of support
emerged last week but the Gbp0.9149-78 support region is key. Bears need a close
below Gbp0.9178 to ease bullish pressure and below Gbp0.9149 to shift focus back
to Gbp0.9089-98 where the 21-DMA (Gbp0.9098) is located.

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