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Remains Supported On Dips.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Remains Supported On Dips
*RES 4: Gbp0.9350 2016 High Oct 6
*RES 3: Gbp0.9231 Daily Bull channel top
*RES 2: Gbp0.9151 Bollinger band top
*RES 1: Gbp0.9142 2017 High Aug 16
*PRICE: Gbp0.9104 @ 0430GMT
*SUP 1: Gbp0.9076 Rising daily TL 
*SUP 2: Gbp0.9063 Low Aug 17 
*SUP 3: Gbp0.9051 Low Aug 11 & 15 
*SUP 4: Gbp0.9043 Hourly support Aug 10
*COMMENTARY: Hesitation ahead of  2017 highs is a concern for bulls given daily
studies looking to correct from O/B, the Bollinger top limiting follow through
and momentum divergence. Layers of support remain with bears needing a close
below $0.9043 to confirm an easing of bullish pressure and below Gbp0.8988 to
shift focus back to Gbp0.8922-23. Bulls continue to look for a close above
Gbp0.9142 to reconfirm the bullish bias targeting the bull channel top.

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