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Still Heading North *RES 4:.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Still Heading North
*RES 4: 0.9251 High Aug 15
*RES 3: 0.9195 High Aug 16
*RES 2: 0.9184 High Aug 20 2019
*RES 1: 0.9149 High Sep 3 2019
*PRICE: 0.9126 @ 09:43 GMT Mar 16
*SUP 1: 0.9985 Intraday high
*SUP 2: 0.8844 Low Mar 13
*SUP 3: 0.8774 Low Mar 12
*SUP 4: 0.8681 Low Mar 10
EURGBP is on the move again with a clear bullish theme firmly in place. The late
Feb-early-Mar break through 0.8596, Jan 14 high confirmed an important swing in
price that signalled a reversal. The cross early Mar also held above this
breakout level, a positive development and the subsequent rally confirms the
bullish theme. Trend conditions are in overbought territory but not proving to
be a threat to bulls. The focus is on 0.9149 next.

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