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Multi-month highs: *RES 4:......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Multi-month highs:
*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: 0.9024 Intraday high
*PRICE: 0.9017 @ 08:58 GMT Jul 16
*SUP 1: 0.8957/54 21-dma / Low Jul 8 and key near-term support
*SUP 2: 0.8921 Low Jul 2
*SUP 3: 0.8893/91 2% lower Bollinger band / Low Jun 20
*SUP 4: 0.8851 Low Jun 7
EURGBP breached the key 0.9000/10 area, accelerating the move to multi-month
highs of 0.9020. A close above this zone would further cement the uptrend and
negate the doji signal seen on the weekly charts. Furthermore, this would also
open the Jan 11 high and down trendline drawn off the Oct 7 2016 high at
0.9062/70. Initial key support lies at 0.8954, the low of Jul 8 and needs to
hold to avoid a deeper corrective pullback.

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