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O/B Studies A Concern For.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: O/B Studies A Concern For Bulls
*RES 4: Gbp0.9068 High Oct 13
*RES 3: Gbp0.9025 High Nov 9
*RES 2: Gbp0.8994 2017 High July 21
*RES 1: Gbp0.8970 High July 28
*PRICE: Gbp0.8938 @ 0430GMT
*SUP 1: Gbp0.8928 Alternating hourly support/resistance 
*SUP 2: Gbp0.8890 Low July 27 
*SUP 3: Gbp0.8867 Alternating hourly support/resistance, 21-DMA 
*SUP 4: Gbp0.8826 Low July 19
*COMMENTARY: Bulls take comfort in the lack of follow through on the break below
$0.8898 last week but now look for a close above $0.8970 to shift immediate
focus back to tests of 2017 highs and then the Gbp0.9025-68 region above. The
Gbp0.8928 support region is key today with bears needing a close below to shift
focus back to Gbp0.8867-90 where the 21-DMA is located. Daily studies looking to
correct from O/B remains the key concern for bulls.

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