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Heavy for now: *RES 4: 0.9130...>

EURO-STERLING TECHS
EURO-STERLING TECHS: Heavy for now:
*RES 4: 0.9130 1.0% 10-dma envelope
*RES 3: 0.9105 Trendline resistance drawn off Aug 12 high
*RES 2: 0.9086 High Sep 4
*RES 1: 0.9031 High Sep 5
*PRICE: 0.8950 @ 16:41 BST Sep 9
*SUP 1: 0.8905 Intraday Low
*SUP 2: 0.8892 Low Jul 25
*SUP 3: 0.8873 Low Jun 20
*SUP 4: 0.8830 Low Jun 6
EURGBP maintains a bearish outlook following last weeks selling pressure that
resulted in a confirmed break of trendline support drawn off the May 6 low. The
cross appears set to extend the current slide and this is supported by trend
directional indicators that are pointing south. The focus is on 0.8892 next, the
low of Jul 25 On the upside, initial resistance is at 0.9031 ahead of 0.9086.

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