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Strength to Strength *RES 4:....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Strength to Strength
*RES 4: 0.9187 61.8% Fibonacci retracement of the Mar - Apr decline
*RES 3: 0.9141 2.0% 10-dma envelope
*RES 2: 0.9086 50.0% Fibonacci retracement of the Mar - Apr decline
*RES 1: 0.9073 High Jun 18
*PRICE: 0.9052 @ 16:40 BST Jun 19
*SUP 1: 0.8912 Low Jun 16
*SUP 2: 0.8883/64 50-day EMA / Low Jun 9
*SUP 3: 0.8859 1.0% Lower 10-dma envelope
*SUP 4: 0.8826 Low May 14
EURGBP built on initial strength seen Thursday to rally further still Friday and
top double bottom projection resistance. This opens 0.9086, a Fibonacci
retracement. Strong support remains at 0.8883, 50-day EMA and 0.8864, Jun 9 low
remains intact. A clearance of this support would instead highlight a bearish
risk and open 0.8826, May 14 low and 0.8808, May 13 low.

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