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Jul 8 low, key support: *RES....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Jul 8 low, key support:
*RES 4: 0.9108 High Jan 3 and major resistance
*RES 3: 0.9070 Trendline drawn off the Oct 7 2016 high
*RES 2: 0.9062 High Jan 11
*RES 1: 0.9051 High Jul 17
*PRICE: 0.8973 @ 15:36 GMT Jul 19
*SUP 1: 0.8956 Low Jul 19
*SUP 2: 0.8954 Low Jul 8 and key near-term support
*SUP 3: 0.8924/21 2% lower Bollinger band / Low Jul 2
*SUP 4: 0.8873 Low Jun 20
EURGBP breached the 0.9000 level yesterday, with the downtrend extending to
0.8956. Despite this, the bull trend remains intact and pullbacks in the cross
are viewed as corrective setbacks. The focus is on Wednesday's high at 0.9051,
ahead of the Jan 11 high and down trendline drawn off the Oct 7, 2016 high at
0.9062/70. Key trend support remains at 0.8954, the low of Jul 8 and would need
to hold to avoid a deeper correction.

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