Probes Support *RES 4: 0.8596...>

EURO-STERLING TECHS: Probes Support

*RES 4: 0.8596 High Jan 14 and bull trigger

*RES 3: 0.8554 High Jan 20

*RES 2: 0.8538 High Feb 4 and intraday bull trigger

*RES 1: 0.8504 High Oct 10

*PRICE: 0.8384 @ 10:37 GMT Feb 13

*SUP 1: 0.8379 Intraday low

*SUP 2: 0.8356 Low Dec 17

*SUP 3: 0.8352 76.4% retracement of the Dec 13 - Jan 14 rally

*SUP 4: 0.8302 Low Dec 16

EURGBP is weaker this morning. The cross however lacks a clear underlying

direction with a sideways pattern dominating. A key short-term resistance has

been defined at 0.8538, Feb 4 high where a break would signal scope for a test

of the more formidable hurdle at 0.8596, Jan 14 high. On the downside, a support

at 0.8387, the Jan 31 low has been probed today. A clear break of this level

would provide a bearish trigger and expose 0.8356/52.