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Path of least resistance........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Path of least resistance remains up:
*RES 4: 0.9108 High Jan 3 and major resistance
*RES 3: 0.9062 High Jan 11
*RES 2: 0.9000 Psychological round number
*RES 1: 0.8982 High Jun 27 and today's bull trigger
*PRICE: 0.8969 @ 03:58 GMT June 28
*SUP 1: 0.8932/16 200-hma / Low Jun 25
*SUP 2: 0.8873 Low Jun 20
*SUP 3: 0.8851 Low Jun 7
*SUP 4: 0.8839/30 100-wma/Low Jun 6
EURGBP maintains an outright bullish tone having recently held above it's 20-day
EMA. The cross also printed a fresh trend high yesterday at 0.8982 and a close
above this level would reinforce bullish conditions. Potential is seen for a
climb to 0.9000 next and beyond. For bears, the 200-hma & Jun 25 low represent
key support at 0.8932/16. Broader trend support has been defined at 0.8873 where
a break is required to instead highlight a bearish reversal.

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